Author Question: The Fed has set a uniform reserve requirement of 3 percent for all deposits in the U.S. banking ... (Read 69 times)

wrbasek0 · **on:** Jun 30, 2018

The Fed has set a uniform reserve requirement of 3 percent for all deposits in the U.S. banking system.
a. True
b. False
Indicate whether the statement is true or false

Question 2

When a binding price ceiling is imposed on a market to benefit buyers,
a. no buyers actually benefit.
b. some buyers benefit but no buyers are harmed.
c. some buyers benefit and some buyers are harmed.
d. all buyers benefit.