The time it takes for a one-dollar addition to bank reserves to work its way through the banking system and the financial portfolios of the public and have its full impact on the stock of money
A) is about one quarter of a year.
B) is between six and nine months.
C) is not yet known precisely because little empirical research has been done on the question.
D) probably cannot be predicted from an examination of historical data.
D
Economics
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Because of "mental accounting:"
A. people are better able to process price changes than changes in product sizes. B. people tend to be less risk averse. C. people pay too little on their monthly credit card bills. D. people isolate purchases and sometimes make irrational decisions.
Economics
The government funds its spending through taxation and borrowing.
Answer the following statement true (T) or false (F)
Economics