The primary function of reserve requirements is to serve as
A) a source of bank liquidity.
B) an instrument of monetary control.
C) a means of reducing bank profits.
D) a means of controlling the amount of currency in the banking system.
B
Economics
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The focus of policy in the 1990s was
A) increasing trade. B) increasing employment. C) maintaining stable exchange rates. D) holding down inflation and increasing domestic output. E) levying beggar-thy-neighbor tariffs.
Economics
An increase in the price of tickets to a popular sporting event will increase total revenue if:
A. There are many substitutes for this form of entertainment B. The ticket is considered to be a luxury C. The buyers of the tickets are fanatic about the event D. The fans are price-conscious
Economics