All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT:

A) concerns over the possibility of future inflation
B) to eliminate the high level of excess reserves
C) fears that the economy was overheating
D) concerns over a speculative bubble

C

Economics

You might also like to view...

Refer to the table above. What is the marginal benefit that Jenny derives from the fifth unit?

A) $0 B) $1 C) $6 D) $30

Economics

On average, people in the United States spend a greater percentage of their income on health care than do people in most other countries

Indicate whether the statement is true or false

Economics