Actual reserves are equal to
A) required reserves plus fractional deposits.
B) minimum balances plus desired reserves.
C) excess reserves plus liabilities.
D) desired reserves plus excess reserves.
E) government securities plus cash in the bank's vault.
Correct Answer:
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Q29: If the Fed sells government securities to
Q30: During the 2008 financial crisis, banks restricted--------------------and
Q31: The desired reserve ratio is 3 percent.
Q32: The Fed buys $100 million U.S. government
Q33: Checkable deposits are money because
A)only banks and
Q35: Money market mutual funds
A)are included in M1
Q36: --------------------like a check and--------------------considered money.
A)E-checks work;
Q37: Suppose the currency drain ratio is 33.33
Q38: Excess reserves are the
A)same as the required
Q39: If the Fed purchases securities in the
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