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14. Monetary Data Item Amount Cash held by public $120 billion Transactions account balances $800 billion Required reserves $80 billion Excess reserves $0 billion U.S.
14. Monetary Data
Item | Amount |
Cash held by public | $120 billion |
Transactions account balances | $800 billion |
Required reserves | $80 billion |
Excess reserves | $0 billion |
U.S. Treasury bonds held by the public | $600 billion |
Refer to the table. The required reserve ratio is (5point) A) 8.7 percent. B) 10.0 percent. C) 13.3 percent. D) 66.7 percent.
15. Refer to the Production Possibilities 1 figure. A rightward shift of aggregate supply is consistent with a move from point ( 5 point) A) E to point A. B) B to point C. C) B to point D. D) D to point E.
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