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    Macroeconomics Study Set 10
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    Exam 14: Monetary Policy and the Federal Reserve System
  5. Question
    The Monetary Base Is Defined as
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The Monetary Base Is Defined as

Question 115

Question 115

Multiple Choice

The monetary base is defined as


A) bank reserves plus currency held by the nonbank public.
B) bank reserves minus vault cash.
C) all deposits at the Fed.
D) deposits at the Fed plus vault cash.

Correct Answer:

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