The monetary base minus reserves equals

A) currency in circulation.
B) the borrowed base.
C) the nonborrowed base.
D) discount loans.

A

Economics

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________ was the main proponent of the view that changes in the money supply can drive business cycles

A) Milton Friedman B) John Maynard Keynes C) Adam Smith D) David Ricardo

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For private consumption goods, the optimal number of users is determined by the unanimity rule

a. True b. False

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