Suppose a bank has 100,000 in checking account deposits with no excess reserves and the required reserve ratio is 5 percent. If the Federal Reserve lowers the required reserve ratio to 3 percent, then the bank will now have excess reserves of
A) 0. B) 2,000. C) 3,000. D) 5,000.
Question 2
In order to change inflationary expectations in 1979, the Fed's monetary policy under Paul Volcker's leadership resulted in ________ and ________.
A) steep inflation; low unemployment
B) deflation; high unemployment
C) disinflation; low unemployment
D) disinflation; high unemployment
E) steep inflation; high unemployment
Stallion checking a mare in estrus. The mare welcomes the stallion by lowering her rear and lifting
World oil reserves
Checking the freezing and boiling protection levels of the coolant using a hydrometer.
Checking fuel-pump volume using a hose from the outlet of the fuel-pressure regulator into a ...
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...