Required reserves of banks are a fixed percentage of their

A. loans.
B. assets.
C. deposits.
D. All of these responses are correct.

Answer: C

Economics

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If the Japanese central bank sells yen and buys U.S. dollars, the U.S. dollar will appreciate

Indicate whether the statement is true or false

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Independent firms that together can exploit economies of scale are referred to as a

A) T-form of organization. B) M-form of organization. C) network. D) weak alliance (the matrix).

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