Inflation plays a major role in determining whether a currency is appreciating or depreciating.

Each of the 12 regional reserve banks ________.

A. are only responsible for carrying out Treasury policy in their district B. own the member banks in their district C. are owned by the member banks in their district D. are owned by the Board of Governors

When people decide to increase the amount of currency they are currently holding

A. the actual money multiplier will increase. B. the potential money multiplier will decrease. C. the potential money multiplier will increase. D. the actual money multiplier will decrease.