The required reserve ratio is the percentage of total deposits ...

[anjilletteb]

The required reserve ratio is the percentage of total deposits that the Fed requires a bank to hold in vault cash or on deposit with the Fed.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Economists estimate that the total lag for monetary policy is about:
 a. 1-2 days. b. 2 weeks to 1 month.
  c. 3-12 months. d. 2-4 years.

[bookworm410]

Answer to Question 1

True

Answer to Question 2

c