QUES: The monetary base consists of coins and Federal Reserve Notes in circulation outside the Federal Reserve Banks and the U.S. Treasury, plus deposits held by depository institutions at Federal Reserve Banks. The adjusted monetary base has increased from approximately 400 billion dollars in 1994, to 800 billion in 2005, and over 3000 billion in 2013. The amount of cash in circulation is increased (or decreased) by the actions of the Federal Reserve System. Eight times a year, the 12-person Federal Open Market Committee meet to determine U.S. monetary policy. Every business day, the Federal Reserve System engages in Open market operations to carry out that monetary policy. If the Federal Reserve desires to increase the money supply, it will buy securities (such as U.S. Treasury Bonds) anonymously from banks in exchange for dollars. Conversely, it will sell securities to the banks in exchange for dollars, to take dollars out of circulation.

What was the monetary base value in 1994?
What is the answer?
ANS: 400 billion dollars
QUES: In December 2005, Imperial announced a science park programme at the Wye campus, with extensive housing; however, this was abandoned in September 2006 following complaints that the proposal infringed on Areas of Outstanding Natural Beauty, and that the true scale of the scheme, which could have raised 110m for the College, was known to Kent and Ashford Councils and their consultants but concealed from the public. One commentator observed that Imperial's scheme reflected "the state of democracy in Kent, the transformation of a renowned scientific college into a grasping, highly aggressive, neo-corporate institution, and the defence of the status of an Area of Outstanding Natural Beauty throughout England, not just Wye against rampant greed backed by the connivance of two important local authorities. Wye College campus was finally closed in September 2009.

When did Imperial announce a science lab programme?
What is the answer?
ANS: unanswerable
QUES: Within the past ten years, the amount of social networking sites available to the public has greatly increased as well as the number of adolescents using them. Several sources report a high proportion of adolescents who use social media: 73% of 1217 year olds reported having at least one social networking profile; two-thirds (68%) of teens text every day, half (51%) visit social networking sites daily, and 11% send or receive tweets at least once every day. In fact, more than a third (34%) of teens visit their main social networking site several times a day. One in four (23%) teens are "heavy" social media users, meaning they use at least two different types of social media each and every day.

What percentage of teens report visiting social netorking sites daily?
What is the answer?
ANS:
51%