Author Question: A bank can lend out its excess reserves but not its required reserves. a. True b. False Indicate ... (Read 81 times)

newbem

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A bank can lend out its excess reserves but not its required reserves.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The amount of checkable deposits in an economy cannot exceed the amount of currency that the government has issued.
 a. True
  b. False
  Indicate whether the statement is true or false



jojobee318

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Answer to Question 1

True

Answer to Question 2

False



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