Federal Reserve liabilities and capital accounts are equal to

A) Federal Reserve assets.
B) gold certificates + Federal Reserve notes.
C) Federal Reserve notes outstanding.
D) bank reserves + government securities.


A

Economics

You might also like to view...

Which of the following models results in the highest level of output assuming a fixed number of firms with identical costs and a given demand curve?

A) Cournot B) Stackelberg C) Monopoly D) Cartel

Economics

An example of cyclical unemployment is a(n):

a. textile worker permanently laid off due to job lost to imports. b. autoworker who is temporarily laid off due to a decline in demand for cars. c. engineer permanently laid off due to advances in technology. d. computer programmer who leaves one job and accepts a new job.

Economics

A potential money multiplier of 10 means that

a. excess reserve requirements are 90 percent b. a new deposit of $1,000 results in new demand deposits of $10,000 c. the legal reserve requirement is 10 percent d. there can be no more lending available e. the initial deposit must necessarily be $10

Economics

Keynesians believe a change in the money supply cannot lower the unemployment rate.

Indicate whether the statement is true or false.

Economics