If Federal Reserve Notes and Coins Are $765 Billion,and Banks

question 280

Multiple Choice

If Federal Reserve notes and coins are $765 billion,and banks' reserves at the Fed are $8 billion,the gold stock is $11 billion,and the Fed owns $725 billion of government securities,what does the monetary base equal?

• A)$765 billion
• B)$773 billion
• C)$776 billion
• D)$744 billion
• E)$1,509 billion

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Definitions:

Unipolar Depression

A mental health disorder highlighted by a pervasive low mood, lack of motivation, and loss of pleasure in previously enjoyed activities.

Onset

The beginning or start of something, such as a disease, symptom, or process.

Cognitive Symptom

Symptoms related to mental processes such as memory, attention, and problem-solving, often indicative of neurological or psychiatric conditions.

Unipolar Depression

A major depressive disorder characterized by a persistent feeling of sadness or a lack of interest in outside stimuli, without the mood swings seen in bipolar disorder.