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Loraine Loraine
wrote...
Posts: 4563
8 years ago
When the Fed ________, the quantity of banks' reserves decreases.
A) hikes taxes
B) buys government securities
C) sells government securities
D) lowers the required reserve ratio
E) raises the required reserve ratio
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 360 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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