The Amount of Nonborrowed Reserves Equals

question 33

Multiple Choice

The amount of nonborrowed reserves equals

• A)the monetary base plus the amount of discount loans.
• B)the amount of reserves plus the amount of discount loans.
• C)the amount of reserves minus the sum of the amount of discount loans and currency.
• D)the monetary base minus the sum of the amount of discount loans and currency.

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