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Author Question: The anchor that sustains the credibility of monetary policy is ________. A) easily weighed during ... (Read 67 times)

plus1

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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