Currency outside of banks increases from $100 million to $200 million. This change is considered

A) a currency drain.
B) a decrease in the monetary base.
C) expansionary monetary policy.
D) contractionary monetary policy.


A

Economics

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If Y = A × N × (75 + K/N), where K = 1000, N = 20, and A = 10, what happens if K doubles and N doubles?

A) Y is unchanged. B) Y increases by 50%. C) Y doubles. D) Y quadruples.

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When the price of a bond rises, the interest rate paid on the bond also rises.

a. true b. false

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Which of the following participants in the working of a firm are referred to as residual claimants?

A. entrepreneurs B. workers C. managers D. all of these

Economics

Make or buy decisions affect the degree of vertical integration

Indicate whether the statement is true or false

Economics