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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Products or solutions considered to be the best in their category, typically used in technology procurement to describe systems that offer specific desired functionality.

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