Econ 102 quiz 4 (Econ_102)
American Public University
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Econ 102 quiz 4
- Exam (elaborations) • 5 pages • 2021
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Econ 102 quiz 4. The supply of money in the U.S. economy is determined primarily by 
A. decisions made by the Federal Reserve and the U.S. Treasury. 
 
B. the actions of the Federal Reserve and the banking system. 
 
C. consumers and the banking system. 
 
 D. the demand for money in the economy. 
Answer Key: B 
Question 2 of 10 10.0/ 10.0 Points 
One of the essential functions that a bank performs is 
A. purchasing government bonds. 
 
B. creating deposits by lending required reserves. 
 
C. tr...
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