Legal reserve requirements on banks in the United States today are primarily
A) a limitation on banks' ability to make loans.
B) a protection for bank depositors against runs.
C) a protection for bank shareholders against capital loss.
D) an attempt to restrain the market power of banks.
E) designed to control competition among banks.
A
Economics
You might also like to view...
If the percentage change in quantity demanded is greater (in absolute value) than the percentage change in price, then demand
a. determines supply b. is indeterminate c. is elastic d. is inelastic e. is unit elastic
Economics
Splitting up a monopoly is often justified on the grounds that
a. consumers prefer dealing with small firms. b. small firms have lower costs. c. competition is inherently efficient. d. small firms produce higher quality products.
Economics