Business, 07.11.2019 21:31 myhomeacc32

Which of the following are incorrect: a. coins, which are issued by the treasury are an asset of the fed and a component of the monetary base. b. when the fed changes the monetary base, either the quantity of money changes or the interest rate changes but both do not occur. c. the monetary base is the sum of federal reserve notes, coins, and deposits at commercial banks. d. the fed's liabilities plus coins issued by the treasury make up the monetary base.

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Which of the following are incorrect: a. coins, which are issued by the treasury are an asset of the...

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