Q1.The money multiplier is determined by-
a.
the Federal Reserve
b.
commercial banks
c.
the public
d.
All of the above
Q2.A U.S. government budget deficit will increase the U.S.
monetary base if the U.S. Treasury sells bonds to finance the
deficit to
a.
the public
b.
commercial banks
c.
the Federal Reserve
d.
All of the above
EXPLAIN DEEPLY ASAP AND TYPED ANSWER
Q1.The money multiplier is determined by- a. the Federal Reserve b. commercial banks c. the public d. Al
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