Multiple Choice
The money base is equal to:
A) currency + balances in ESAs + other liabilities of the RBA to the private sector.
B) currency + balances in ESAs.
C) currency + balances in ESAs - other liabilities of the RBA to the private sector.
D) currency - balances in ESAs - other liabilities of the RBA to the private sector.
Correct Answer:
Verified
Correct Answer:
Verified
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