In order for a bank to earn as much profit as possible, its excess reserves should be:
a. equal to its required reserves.
b. as small as possible.
c. less than its vault cash.
d. growing at a constant rate.
b
Economics
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What will be an ideal response?
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Using this consumption function, autonomous consumption is
A) $0. B) between $1 and $2 trillion. C) more than $2 trillion and less that $5 trillion. D) more than $5 trillion and less than $8 trillion. E) more than $8 trillion.
Economics