Multiple Choice
Sally writes a $10,000 check to Harry who deposits it in the same bank.
A) Both deposits and reserves of depository institutions increase.
B) Both deposits and reserves of depository institutions remain unchanged.
C) Reserves at depository institutions increase,but deposits remain the same.
D) Both deposits and reserves at depository institutions decrease.
E) Reserves at depository institutions decrease,but deposits remain the same.
Correct Answer:
Verified
Correct Answer:
Verified
Q182: "Banging the gong" means that the Fed<br>A)has
Q183: The members of the Board of Governors
Q184: Which statement is true?<br>A)The prime rate moves
Q185: If Mellon Bank has demand deposits of
Q186: The Federal Reserve was formed largely in
Q188: If a bank has demand deposits of
Q189: A reduction in the required reserve ratio
Q190: When bond prices go up,interest rates go
Q191: If you wrote a check for $37.55
Q192: Statement I: One key provision of the