Reference no: EM13246079
1. A bank's lending out a portion of the deposits of its customers is
2. In the classical model, the money supply affects the economy
3. The store of wealth function of money refers to money as
4. The interest-earning assets of a bank are
5. The medium of exchange function of money refers to money as
6. When the Fed changes monetary policy in response to changing economic conditions, it is
7. The bulk of the M1 money supply is made up of
8. Which of the following actions by the Fed would expand the money supply?
9. The actual expansion of the money supply may be less than the potential maximum if
10. Changes in the reserve ratio, open market operations, and changes in the discount rate are all tools used by the Fed to