A bank can safely lend an amount equal to its
A) excess reserves.
B) required reserves.
C) vault cash.
D) total reserves.
A
Economics
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Refer to the figure above. If a price control is imposed at $8, what is the gain in consumer surplus?
A) $5 B) $10 C) $15 D) $20
Economics
In the long run, sustained inflation is due to
A. a one-time increase in money growth. B. a continuous increase in aggregate demand. C. a continuous increase in the money growth rate. D. the rising price of oil.
Economics