THE FED REVISES ITS ESTIMATES OF THE MONETARY AGGREGATES, SOMETIM...

153) - TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ
TEST BANK CHAPTER 3 WHAT IS MONEY? TÀI CHÍNH TIỀN TỆ

153) The Fed revises its estimates of the monetary aggregates, sometimes by large amounts, because

(a) large depository institutions need only report their deposits infrequently.

(b) weekly monetary data need to be adjusted for the “weekend effect.”

(c) monthly monetary data need to be adjusted for the “payday effect.”

(d) of none of the above.

Answer: D

Question Status: Previous Edition