Multiple Choice
To maximize its profit,a bank will:
A) minimize the number transactions it engages in.
B) maximize required reserves.
C) minimize excess reserves.
D) maximize excess reserves.
E) minimize required reserves.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q130: If each bank in the United States
Q131: Suppose the Fed sells $10 million in
Q132: Which of the following measures did the
Q133: If a bank receives $2,500 of reserves
Q134: If the required reserve ratio is 0.2,and
Q136: Many people prefer debit cards to checks
Q137: The primary tool the Fed uses to
Q138: The higher the required reserve ratio,_.<br>A)the larger
Q139: By holding highly liquid assets to guard
Q140: A higher discount rate generally decreases excess