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negg G what is x | G budge x How T. X Sign ox Refere x S Week X G Whic ontent/107694/viewContent/5524273/View When there is a reserve requirement, banks a) must hold exactly the required quantity of reserves. b) may hold more than, but not less than, the required quantity of reserves. c) may hold less than, but not more than, the required quantity of reserves. d) must seek the Fed's permission whenever they wish to expand or contract their loans to customers. Question 48 (1 point) Credit cards a) defer payments. b) are a store of value. negg G what is x | G budge x How T. X Sign ox Refere x S Week X G Whic ontent/107694/viewContent/5524273/View When there is a reserve requirement, banks a) must hold exactly the required quantity of reserves. b) may hold more than, but not less than, the required quantity of reserves. c) may hold less than, but not more than, the required quantity of reserves. d) must seek the Fed's permission whenever they wish to expand or contract their loans to customers. Question 48 (1 point) Credit cards a) defer payments. b) are a store of value.