Excess reserves are
A) desired reserves minus actual reserves.
B) required reserves minus actual reserves.
C) liquidity funds minus actual reserves.
D) actual reserves minus desired reserves.
D
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Most of the state and local government employees are in what area?
A. Education B. Highways C. Health care D. Administration
Is there any difference between borrowing from the federal funds market and borrowing from the discount window? Explain
What will be an ideal response?
Jose and Julia were discussing the necessary components to achieve economic growth. Jose stated that the economy must include free markets, specialization and trade, and an ethical judicial system. Julia reminded Jose that another key component is
A) property rights. B) freedom of speech. C) a guaranteed high rate of return on savings. D) freedom of religion. E) democracy.
The primary purpose of the Celler-Kefauver Act is to prevent unfair and deceptive business practices
a. True b. False Indicate whether the statement is true or false