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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If the desired reserve ratio increases, then
A) banks' desired reserves increase and their excess reserves decrease.
B) bank customers become more willing to make deposits in banks.
C) banks are able to make more loans.
D) banks can buy more government securities.
E) the Fed has supplied banks with more reserves.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 254 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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wrote...
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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