If the Federal Reserve sells $100 of securities through a commercial bank when the reserve requirement is 10 percent, the maximum potential change in the money supply is
A) a $1,000 increase. B) a $1,000 decrease. C) a $100 decrease. D) a $100 increase.
B
Economics
You might also like to view...
The European Central Bank:
A) emphasizes maintaining interest rates below 5%. B) lays more emphasis on controlling employment than on controlling inflation. C) emphasizes maintaining unemployment rates below 5%. D) lays more emphasis on controlling inflation than on controlling employment.
Economics
All the welfare programs combined are twice as large as Social Security
Indicate whether the statement is true or false
Economics