Question

The monetary base consists of Group of answer choices a-the securities the Fed owns plus its...

The monetary base consists of

Group of answer choices

a-the securities the Fed owns plus its reserves.

b-the securities the Fed owns plus the discount loans owed to the Fed.

c-the securities the Fed owns plus currency in circulation.

d-the discount loans owed to the Fed plus its reserves.

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Answer #1

"C"

Monetary base is the currency that we hold, + the government reserves and the securities. The answer is "C".

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