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give Q30 correct answer in 10 mins i will give thumb up Which of the following is correct concerning the total amount of reserves commercial
give Q30 correct answer in 10 mins i will give thumb up
Which of the following is correct concerning the total amount of reserves commercial banks have in their accounts at the Fed? Only the financial transactions among banks can change the total reserves. If people deposit their paychecks in their banks, the total reserves will increase. If banks borrow money from each other, the total reserves will increase. Only the financial transactions among depositors can change the total reserves. The Fed cannot change the total amount of bank reserves. Only the Fed can change the total amount of bank reservesStep by Step Solution
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