________ can be altered to change the lending capacity of the banking system.
A. Points charged on a typical first mortgage
B. The reserve requirement
C. The dollar exchange rate
D. Gold reserves
Answer: B
You might also like to view...
Mutual savings banks are owned by
A) shareholders. B) partners. C) depositors. D) foreign investors.
Core CPI is a. the CPI including only food, clothing, and energy. b. the CPI including only food and energy
c. the CPI excluding food, clothing, and energy. d. the CPI excluding food and energy.
Tax revenues can be found by
A) multiplying the tax base by the (average) tax rate. B) dividing the tax base by the (average) tax rate. C) summing the tax base and the (average) tax rate. D) multiplying taxable income by the marginal tax rate.
A rise in the federal funds rate _________ reserves and _________ the quantity of deposits and bank loans created.
Fill in the blank(s) with the appropriate word(s).