The anchor that sustains the credibility of monetary policy is ...

[plus1]

The anchor that sustains the credibility of monetary policy is ________.
 
  A) easily weighed during the slightest of macroeconomic storms
  B) composed of some indestructible substance
  C) necessary to avoid central bank independence
  D) available for scrutiny to all who care to observe

Question 2

If currency outstanding equals 500 million, checkable deposits equal 2 billion, reserves equal 200 million, and the required reserve ratio is 0.10, the money multiplier equals
 
  A) 1.14.
  B) 3.57.
  C) 4.35.
  D) 5.

[janeli1]

Answer to Question 1

D

Answer to Question 2

B