Which of the following is true of the quantity demanded of reserves?
A) The quantity demanded of reserves increases as the federal funds rate falls.
B) The quantity demanded of reserves increases as the inflation rate increases.
C) The quantity demanded of reserves is constant over time for almost every bank.
D) The quantity demanded of reserves increases at a constant rate over time.
A
Economics
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If a tripling of price triples the quantity of a good supplied, the price elasticity of supply is
a. 3 b. 300 c. 1 d. -1 e. -3
Economics
The part of the disposable income that is not consumed by households is:
a. given away in the form of taxes. b. given away as charity. c. saved. d. deducted as a depreciation cost. e. spent on imports.
Economics