The monetary base includes:
A. currency and cash plus commercial bank deposits at the Fed.
B. vault cash plus checkable deposits.
C. currency and coin in circulation plus checkable deposits.
D. currency and coin in circulation only.
Answer: A
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Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, a decrease in unemployment may be represented by the movement from
A. B to A. B. C to D. C. B to D. D. A to C.
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