The amount that a commercial bank can lend is determined by its:
A. required reserves.
B. excess reserves.
C. outstanding loans.
D. outstanding checkable deposits.
B. excess reserves.
Economics
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In 1999 the European unemployment rate was ________ that in the United States
A) double B) triple C) equal to D) lower compared to
Economics
Which of the following is generally true of a monopolistic competitor operating in the long run?
a. price equal to minimum average total cost b. marginal cost exceeds marginal revenue c. marginal revenue exceeds marginal cost d. price exceeds marginal cost
Economics