A bank can lend out its excess reserves but not its required reserves. a. True b. False Indicate ...

Author Question: A bank can lend out its excess reserves but not its required reserves. a. True b. False Indicate ... (Read 122 times)

newbem

Hero Member
Posts: 579

on: Jun 30, 2018

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

Sr. Member
Posts: 298

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

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