The Monetary Base Is Equal to

question 79

Multiple Choice

The monetary base is equal to

• A)all currency in circulation plus all deposits in financial institutions.
• B)all currency in circulation plus checkable deposits in financial institutions.
• C)all currency in circulation plus reserves held by banks.
• D)checkable deposits in depository institutions plus reserves held by banks.

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Definitions:

Kohlberg

Refers to Lawrence Kohlberg, an American psychologist best known for his theory of stages of moral development.

Stealing Behavior

The act of taking someone else’s property without permission or legal right and without intending to return it, recognized as a violation of social norms and laws.

Gilligan's Approach

An ethical theory and approach to moral development emphasizing the importance of relationships, care, and empathy, developed by Carol Gilligan.

Justice Perspective

A viewpoint in ethics or moral philosophy that emphasizes fairness, equity, and impartiality in the administration of justice.