The quantity of reserves held by a bank in addition to the legally required amounts is known as:
a. actual reserves.
b. excess reserves.
c. the required reserve ratio.
d. the money multiplier.
e. the monetary base.
b
You might also like to view...
Sarah initially used her cell phone mostly to make important business calls
However, when she was informed that henceforth her phone bills would be reimbursed by her employer, she started using her cell phone to make frequent calls to her friends and relatives. This behavior is an example of ________. A) moral hazard B) a negative externality C) the prisoners' dilemma D) the free-rider problem
Which of the following categories accounts for about one-third of the total spending of state and local governments?
a. Community development b. Health and sanitization c. Education d. Transportation
The identification of hazardous wastes under the Resource Conservation and Recovery Act (RCRA)
a. uses benefit-cost analysis for characteristic wastes b. uses a uniform approach to implement the identification criteria c. employs an index based on toxicity d. is based on risk-benefit analysis
Discuss the history of government’s investments decisions
Please provide the best answer for the statement.