If There Is an Increase in the Amount of Currency

question 189

Multiple Choice

If there is an increase in the amount of currency held outside banks,then the

• A)monetary base will decrease.
• B)quantity of money will increase.
• C)quantity of money and the monetary base will decrease.
• D)quantity of money will decrease.
• E)quantity of money will not change.

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Definitions:

Standard Deviations

A statistical measure that quantifies the amount of variation or dispersion of a set of data values from the mean.

Normal Distribution

A bell-shaped frequency distribution curve where most occurrences take place in the middle of the range and taper off symmetrically towards extremes.

Marlowe-Crowne Scale

A psychological questionnaire measuring social desirability bias, indicating how much people's responses are influenced by wanting to be perceived favorably.

Internal Reliability

A measure of the consistency of responses across items within a test or survey.