The Federal Reserve Banks sell government securities to the public. As a result, the checkable deposits ________.
A. of commercial banks are unchanged, but their reserves decrease
B. and reserves of commercial banks both decrease
C. of commercial banks are unchanged, but their reserves increase
D. and reserves of commercial banks are both unchanged
Answer: B
Economics
You might also like to view...
Use the above table. Based on the information in the table, artisan bread is a(n)
A) normal good. B) necessary good. C) inferior good. D) negative good.
Economics
The goods and services that are used in the production of other goods and services are called: a. gross domestic goods. b. intermediate goods
c. final goods. d. ultimate goods.
Economics