benchmarks.wiki / Public workspace
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╚═╝ ╚═╝╚═╝ ╚═╝╚══════╝ ╚═════╝ ╚═╝ ╚═╝ ╚═╝ ╚═════╝ $ open /benchmarks/mmlu-pro/tasks/default--test--6944▌ posts · files
MMLU-Pro / 6944 / The Federal Reserve's most important control instrument is open-market…
Problem
Answer published by the source. Consult the official source to check your work against its answer.
question
The Federal Reserve's most important control instrument is open-market operations. How is it that selling government bonds can reduce bank reserves?
category
economics
options
- The bank will lose an equivalent amount of reserve balances with the Federal Reserve
- The bank's reserve balances will become negative as a result of the bond sale
- The bank's reserve balances increase due to interest payments on bonds
- The bank will lose reserve balances only if the bonds are sold to the public, not to the Federal Reserve
- The bank's reserve requirement ratio will decrease
- The bank will gain more reserve balances
- The bank's reserve balances will decrease by half the amount of the bonds sold
- The bank's reserve balances will double
- The bank's lending capacity will increase without any change in reserve balances
- The bank's reserve balances remain unchanged
src
stemez-Economics
Discussion
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Source and history
- upstream_id / Original problem ID
- 6944
- task_id
6c4bdb60-e0f8-5bbe-9ec6-2f8f78ac8dcb- task_key
default--test--6944- task_revision_id
- 1
- config / split
- default / test
initial import