Reserve requirements are the
A) minimum percentages of deposits that banks must hold as reserves.
B) minimum amount of an owner's financial resources that must be placed in a depository institution.
C) rules covering the types of deposits that banks may offer.
D) rules covering the types of assets that banks may purchase.
Question 2
People expect their incomes will decrease next year. As a result, the ________ will shift ________.
A) short-run aggregate supply curve; rightward
B) aggregate demand curve; rightward
C) aggregate demand curve; leftward
D) long-run aggregate supply curve; rightward