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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
The amount of loans that a bank can create is limited by
A) a law enacted by Congress.
B) the bank's excess reserves.
C) a directive from the Federal Reserve System, which takes into account the bank's financial stability.
D) the real interest rate.
E) the bank's government securities.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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#2
9 years ago
No problemo Happy Dummy
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