The "Member Bank Reserve Changes" data published weekly in The Wall Street Journal is most useful for
A)information on sources of change in the monetary base.
B)gauging whether a particular bank is likely to fail.
C)gauging the extent to which a particular bank is indebted to the Fed.
D)forecasting interest rates.

Question

Quizplus · Accepted Answer

The "Member Bank Reserve Changes" data shows the weekly changes in reserves held by member banks at the Federal Reserve, which is an important factor in the calculation of the monetary base. Therefore, this data is most useful for understanding sources of change in the monetary base.

The "Member Bank Reserve Changes" Data Published Weekly in the Wall