Who decides what portion of the money supply will be held as currency in circulation?
a. The Treasury
b. The central bank
c. The banking system
d. The non-bank public
e. All the above.
.D
Economics
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An expansionary fiscal policy is likely to result in the Treasury
A) selling more bonds, the prices of bonds falling, and interest rates falling. B) buying more bonds, the prices of bonds rising, and interest rates falling. C) selling more bonds, the prices of bonds rising, and interest rates rising. D) selling more bonds, the prices of bonds falling, and interest rates rising.
Economics
When Twitter sells newly issued shares of stock this is an example of
A) indirect finance in a primary market. B) direct finance in a primary market. C) direct finance in a secondary market. D) indirect finance in a secondary market.
Economics