What tool dictates the amount that banks must keep on deposit at the Federal Reserve? This amount is a certain percentage of the total amount the banks have out in loans.
A. federal funds requirement
B. reserve requirement
C. open market requirement
D. minimum rate requirement
B. reserve requirement
You might also like to view...
United in their desire to use the federal government to regulate the economy, union members, urban voters, Southerners, liberals, and minorities joined the New Deal coalition, leading to the beginning of the ___________ Party System.
a. Third b. Fourth c. Fifth d. Sixth
Upon leaving office, the vast majority of governors continue their public service in another public venue
a. True b. False Indicate whether the statement is true or false
All subgovernments have the same goal
A) protecting the public interest. B) attacking the government head-on. C) protecting their self-interest. D) electing the most qualified people to office. E) to join the main government.
Which state has the longest constitution and has been amended the most number of times?
A. Texas B. Rhode Island C. Massachusetts D. Florida E. Alabama