Since October 2008, Congress has granted the Fed an authority to
A) pay banks interest on both required reserves and excess reserves.
B) charge banks interest on both required reserves and excess reserves.
C) charge banks interest on required reserves but pay them interest on excess reserves.
D) charge banks interest on excess reserves but pay them interest on required reserves.
A
You might also like to view...
The figure above provides information about Light-U-Up Utilities, which is a natural monopoly that provides electricity. What is the area of deadweight loss when Light-U-Up is regulated and follows an average cost pricing rule?
A) acg B) degf C) deg D) There is no deadweight loss.
In most circumstances, employees do not pay taxes on the value of health insurance their employers provide them
Indicate whether the statement is true or false