Which of the following is responsible for holding bank reserves?
A. The Federal Reserve Board of Governors.
B. The 12 regional Federal Reserve banks.
C. The Executive Branch of government.
D. The Fed chairman.
B. The 12 regional Federal Reserve banks.
Economics
You might also like to view...
If a country's currency is determined only by the demand and supply for that country's currency, the country is said to have a
A) fixed exchange rate. B) gold standard. C) managed float. D) floating exchange rate.
Economics
Explain why an external cost leads to an over-allocation of resources to the production of a good
What will be an ideal response?
Economics