Author Question: Reserve requirements exist primarily to prevent bank failures. a. True b. False Indicate whether ... (Read 123 times)

joesmith1212 · **on:** Jun 30, 2018

Reserve requirements exist primarily to prevent bank failures.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The FOMC carries out its policies through directives to the bond-trading desk at the:
a. Federal Reserve Bank of Dallas.
b. Chicago Fed.
c. Federal Reserve of Philadelphia.
d. Los Angeles Fed.
e. Federal Reserve Bank of New York.