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Author Question: The Federal Reserves Tools of Monetary ControlSuppose a bank has $200 million in checking account ... (Read 64 times)

fungirl

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on: Nov 23, 2022
The Federal Reserves Tools of Monetary Control

Suppose a bank has $200 million in checking account deposits with no excess reserves and the required reserve ratio is 35%. If the Federal Reserve reduces the required reserve ratio to 5%, then the bank will now have excess reserves of ________.
◦ $10 million
◦ $0
◦ $60 million
◦ $70 million
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by fungirl on Nov 23, 2022

furthoh

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fungirl

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

Jsherida

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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