Quiz_5 - Question1 10/10points...

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Question 1 10 / 10 points
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a) discount loans and  reserves.  b) currency in  circulation and  reserves. c) government  securities and  currency in  circulation. d) government  securities and  discount loans Question 2 10 / 10 points The monetary base consists of  a) discount loans and  reserves.  b) currency in circulation  and reserves. c) government securities  held by the Fed and  currency in circulation.  d) government securities  held by the Fed and  discount loans. Question 3 10 / 10 points An open market purchase of securities by the Fed will  a) increase assets of the  nonbank public and increase  assets of the banking system. b) increase assets of the  banking system and decrease  assets of the Fed. c) have no effect on assets of  the nonbank public but  increase assets of the Fed.  d) decrease assets of the  nonbank public and increase 
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This note was uploaded on 02/21/2011 for the course FIN 3403 taught by Professor Duong during the Spring '08 term at The University of Oklahoma.

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Quiz_5 - Question1 10/10points...

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