Social Studies, 03.12.2019 02:31, yejinschoi6362
The federal reserve changes the reserve requirement to meet monetary policy goals. what is a reserve requirement?
a the taxes that banks are required to pay to the government
b the percentage of customer deposits that banks must maintain possession of
c the interest rate that the federal reserve charges on its loans
d the interest rate that the federal reserve pays on bank deposits with the institution
Answers: 2
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