The monetary base is
A) currency and reserves of depository institutions.
B) currency minus depository institutions' reserves.
C) depository institutions' reserves minus Federal Reserve notes.
D) the money borrowed by banks from other banks.
A
Economics
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What will be an ideal response?
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The time it takes for the policy actually to have an impact on the economy is called
A) the data lag. B) the recognition lag. C) the legislative lag. D) the implementation lag. E) the effectiveness lag.
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