Question 24 1 Point The First National Bank of Hometown has excess reserves of $15 million. Assuming a required reserve ratio of 10%, the First National Bank can lend up to $15 million. True B False Question 25 1 Point If the Fed pursues a strategy of targeting an interest rate when fluctuations in money demand are prevalent fluctuations in the money supply will occur. A True B False Question 26 1 Point A corporate bond's return becomes more uncertain as default risk increases. True B False 60 minutes remaining Lost Soved 9.57