Solved

What Are the Intended Consequences from Charging an Interest on Excess

Question 53

Multiple Choice

What are the intended consequences from charging an interest on excess reserves by Central banks?


A) Banks lend less money.
B) Interest rates increase.
C) Banks deposits increase.
D) Banks lend more money.
E) All of these choices are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions