Liabilities plus coins issued-treasury make up monetary base

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Reference no: EM13891972

Which of the following are INCORRECT?

A. The? Fed's liabilities plus coins issued by the Treasury make up the monetary base.

B. ?Coins, which are issued by the Treasury are an asset of the Fed and a component of the monetary base.

C. The monetary base is the sum of Federal Reserve? notes, coins, and depository institution deposits at the Fed.

D. When the Fed changes the monetary? base, the quantity of money and interest rate change.

Reference no: EM13891972

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