Banks can make loans up to an amount equal to their
A) total deposits.
B) total reserves.
C) required reserves.
D) excess reserves.
E) total government securities.
D
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An increase in the U.S. interest rate relative to other countries will lead to ________ in the supply of dollars and a ________ in the exchange rate
A) an increase; fall B) a decrease; fall C) an increase; rise D) a decrease; rise E) no change; rise
Why do economists sometimes treat decision makers as boundedly rational?
Most macroeconomic variables that measure some type of income, spending, or production fluctuate very separately from each other.
a. true b. false
The parameters in a linear probability model can be interpreted as measuring the change in the probability that y = 1 due to a one-unit increase in an explanatory variable.?
Answer the following statement true (T) or false (F)