If the Fed decreases the reserve requirement, banks will have less money to lend
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: If the Fed decreases the reserve requirement, banks will have more money to lend to their customers.
You might also like to view...
Which statement(s) is(are) true with regard to group insurance underwriting principles?
I. A flow of people through the group is undesirable. II. Benefits should be automatically determined. a) I only b) II only c) Both I and II d) Neither I nor II
What is the difference between a reservation and an appointment?
A) There is no difference between the two terms. B) The term reservation implies that the customer has paid in advance. C) The term appointment implies that the customer has paid in advance. D) The term reservation is issued when the customer occupies the facility to receive service.