Which of the following is NOT a nontransaction deposit?
A) a money market deposit account
B) a certificate of deposit
C) a savings account
D) a NOW account
D
Economics
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An emerging market country that successfully used exchange-rate targeting to lower its inflation from above 100 percent in 1988 to below 10 percent in 1994 (before devaluation) was
A) Thailand. B) Mexico. C) The Philippines. D) Indonesia.
Economics
To increase the money supply, the Fed can ______.
a. raise reserve requirements b. lower the discount rate c. sell bonds d. increase the interest rate paid on reserves
Economics