If in a fiscal year, the outlays > incomes

The Fed purchases $1 million of U.S. government securities from First Bank. The desired reserve ratio is 10 percent, the currency drain ratio is zero, and banks loan all excess reserves. The money multiplier is equal to

A) 0.10. B) 1.0. C) 10.0. D) $1 million. E) 100.0.

Data on wages, education, and many other characteristics of the population that are available to anyone who wants to use it are called:

A) private-use data. B) public-use data. C) primary data. D) secondary data.