If the money stock is $900 million and the reserve requirement is 20%, what is the monetary base?
A) $180 million
B) $4,500 million
C) $720 million
D) The monetary base cannot be determined with the information given.
A
Economics
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The income security program category for federal government outlays includes spending for:
a. Social Security. b. Medicare. c. Welfare. d. Unemployment compensation. e. All of these.
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