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Question
Which of the following statements about reserve requirements is true?
a. Reserve requirements apply to the M1 and M2 money supply.
b. Reserve requirements are the most important factor in bank lending.
c. Reserve requirements do not change very often.
d. If reserve requirements are low, banks must keep back more money and therefore have less to lend.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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