Which of the following is true regarding the required reserve ratio?
A) The ratio determines the legally required amount of reserves a bank must hold.
B) The ratio determines the amount of excess reserves a bank must hold.
C) The ratio is only enforced against banks that are operating in a risky manner.
D) None of the above answers is correct.
A
Economics
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Which of the following would indicate that the dollar amount being analyzed is money?
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