Multiple Choice
The monetary base is the sum of
A) Federal Reserve notes and banks' reserves at the Fed.
B) coins,Federal Reserve notes,and individuals' deposits at the Fed.
C) Federal Reserve notes,Treasury deposits at the Fed,banks' reserves at the Fed,and coins.
D) coins,Federal Reserve notes,and banks' reserves at the Fed.
E) coins,Federal Reserve notes,and gold at the Fed.
Correct Answer:

Verified
Correct Answer:
Verified
Q163: Fiat money means<br>A)Italian currency.<br>B)money's value does not
Q164: In response to the financial crisis in
Q165: The function of money that helps assess
Q166: Money serves as a<br>A)means of payment,legal obligation,and
Q167: The required reserve ratio is 10 percent
Q169: Money must be _ which includes the
Q170: The interest rate the Federal Reserve charges
Q171: The "double coincidence of wants" is<br>A)what is
Q172: Which of the following financial institutions does
Q173: When the Fed sells $100 million of