Multiple Choice
The monetary base is equal to the sum of coins,
A) currency and banks' reserves at the Federal Reserve.
B) currency and checkable deposits at banks.
C) currency,banks' reserves at the Federal Reserve and checkable deposits at banks.
D) and checkable deposits at banks.
E) U.S.government securities owned by the Federal Reserve and Federal Reserve notes.
Correct Answer:

Verified
Correct Answer:
Verified
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