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6 years ago
All of the following were reasons that the Fed increased the required reserve ratio in 1936 EXCEPT
A) concerns over the possibility of future inflation.
B) to eliminate the high level of excess reserves.
C) fears that the economy was overheating.
D) concerns over a speculative bubble.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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