If the Fed increases the required reserve ratio (RRR), then the banks must set aside ________(more/less) of their deposits
Fill in the blank(s) with the appropriate word(s).
Ans: more
Economics
You might also like to view...
Using the UIP equation, what would happen to the spot rate for euros if the interest rate on U.S dollars deposits rises ceteris paribus?
A) the spot rate for euros would rise B) the spot rate for euros would fall c) the spot rate for euros would be unchanged d) all of the above could happen
Economics
When a country's production possibilities frontier shifts outward over time, the country is experiencing
A) no opportunity cost. B) economic growth. C) higher unemployment of resources. D) a decrease in unemployment of resources. E) an end to opportunity cost.
Economics