The reserve requirement:
A. Is the most frequently used tool by the Fed.
B. Changes required reserves but not excess reserves.
C. Does not affect the lending capacity for a bank.
D. Affects the level of bank reserves.
D. Affects the level of bank reserves.
Economics
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Arnie's Airlines is a monopoly airline that is able to price discriminate. If Arnie's decides to price discriminate, then
A) Arnie's profit increases. B) consumer surplus increases. C) Arnie's revenues decrease. D) Arnie's sells fewer tickets. E) Arnie can no longer set a price that depends upon the buyer's willingness to pay.
Economics
A fixed exchange rate regime enhances the power of a country's central bank
Indicate whether the statement is true or false
Economics