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Title: Assume that banks become less conservative in their lending policies and start holding no excess res Post by: NYC on Jan 12, 2016 Assume that banks become less conservative in their lending policies and start holding no excess reserves. Compared to a situation in which banks are holding excess reserves, the size of the money supply will be:
A) the same. B) larger. C) smaller. D) zero. Title: Re: Assume that banks become less conservative in their lending policies and start holding no excess Post by: Jesslyn on Jan 16, 2016 Content hidden
Title: Re: Assume that banks become less conservative in their lending policies and start holding no excess res Post by: NYC on Jan 28, 2016 Thanks for answering :)
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