Which Statement Is TRUE

question 172

Multiple Choice

Which statement is TRUE?

• A) Currency in circulation is not part of the monetary base.
• B) Bank reserves are part of the monetary base.
• C) Most of the monetary base consists of chequable deposits.
• D) The money multiplier is the ratio of the monetary base to the money multiplier.

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Definitions:

Vowel

A speech sound produced by comparatively open configuration of the vocal tract, with vibration of the vocal cords but without audible friction.

French

A Romance language originating from France and spoken in many countries around the world.

Medical Terms

Specific words or phrases used in medicine to describe precise conditions, procedures, anatomical parts, or equipment.

Inflammation

The body's response to injury or infection, characterized by redness, warmth, swelling, and pain.