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give Q32 correct answer in 10 mins i will give thumb up Extra-credit question: Partly due to the pressure exerted by the banking lobby (as
give Q32 correct answer in 10 mins i will give thumb up
Extra-credit question: Partly due to the pressure exerted by the banking lobby (as we saw in the previous question) and partly for another reason, the Fed changed that rule. What is the new rule now? Paying interest on reserves Reducing the required reserve ratio to zero. Including savings deposits in M1. Increasing the amount of deposits insured by FDIC from $150,000 to $250,000. Reducing the discount rate to zero. Reducing the federal funds rate to zero. Stop regulating the amount of bank capitalStep by Step Solution
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