The percentage of checkable deposits that banks and other financial intermediaries are required to keep in cash reserves is known as:
a. the fractional reserve requirement.
b. the excess reserve requirement.
c. the required reserve ratio.
d. the discount rate.
e. M1.
c
Economics
You might also like to view...
What is a fractional reserve banking system? How long has the fractional reserve banking system been in existence?
What will be an ideal response?
Economics
Human resources that perform the functions of organizing, managing, and assembling the other factors of production are called
A) physical capital. B) venture capital. C) entrepreneurs. D) productive capital.
Economics
If the expenditure multiplier is 6.5, the tax multiplier is
a. 7.5 b. 5.5 c. -5.5 d. -6.5 e. -7.5
Economics
What is the relationship between economies of scale and a natural monopoly?
What will be an ideal response?
Economics