The primary reason commercial banks must keep required reserves on deposit at the Fed is to:
A. Add to the liquidity of the commercial bank
B. Allow the Fed to control the amount of bank lending
C. Protect the deposits in the commercial bank against losses
D. Ensure that depositors can withdraw their money if they wish to
B. Allow the Fed to control the amount of bank lending
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Based on historical data, which of the following tended to be most variable over time?
A) real investment spending B) the average propensity to consume C) real consumption spending D) real saving
In which of the following cases has political corruption definitely occurred?
A. Political candidates accept campaign contributions from people B. Government agencies impose fines for such things as traffic violations C. A bureaucrat allows someone to look at confidential documents for an informal fee D. A government agency receives donations for distribution to charity