In order to meet a deficiency of required reserves, a bank could:
a. buy securities
b. deposit vault cash with the Fed.
c. turn some of its deposits at the Fed into cash.
d. close some checking accounts.
e. borrow from another bank in the federal funds market.
e
Economics
You might also like to view...
Efficiency wages are
A) the result of demographic change. B) set below the equilibrium level of the real wage. C) offered by firms who want to reduce turnover in the labor force. D) special wages offered to teenagers. E) mandated by law.
Economics
Inflation rates during the years 1979-1981 were the highest the United States has ever experienced during peacetime
Indicate whether the statement is true or false
Economics