Actual reserves are equal to
A) required reserves plus fractional deposits.
B) excess reserves plus liabilities.
C) minimum balances plus desired reserves.
D) government securities plus cash in the bank's vault.
E) desired reserves plus excess reserves.
E
Economics
You might also like to view...
During recessions declines in investment account for about
a. 1/6 of the decline in real GDP. b. 1/7 of the decline in real GDP. c. 1/3 of the decline in real GDP. d. 2/3 of the decline in real GDP.
Economics
By purchasing large amounts of mortgage-backed securities (MBS) in 2009, the Federal Reserve’s goal was to
A. raise the price of MBS and raise their yields. B. raise the price of MBS and lower their yields. C. lower the price of MBS and raise their yields. D. lower the price of MBS and lower their yields.
Economics