Since October 2008, Congress has granted the Fed an authority to
A) pay banks interest on both required reserves and excess reserves.
B) charge banks interest on both required reserves and excess reserves.
C) charge banks interest on required reserves but pay them interest on excess reserves.
D) charge banks interest on excess reserves but pay them interest on required reserves.
A
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What raises consumer expenditures?
What will be an ideal response?
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What will be an ideal response?