Author Question: Which of the following is NOT part of the monetary base? A) currency B) reserves of depository ... (Read 57 times)

geodog55 · **on:** Jun 29, 2018

Which of the following is NOT part of the monetary base?

A) currency
B) reserves of depository institutions
C) the public's checking deposits at commercial banks
D) commercial banks' reserves.

Question 2

A lawn service is deciding whether to add an additional employee to its summer crew. The marginal cost of hiring this worker depends on the

A) total amount paid to only the new worker.
B) total amount paid to all previously hired workers.
C) the total amount paid to all the workers, both the new one and the previously hired workers.
D) the additional revenue created by having an additional worker minus the cost of hiring the worker.