Question 31 1 pts Extra-credit question: For sometime, the US. banking lobby had been pressing the Fed to change one of its rules. They were
Question 31 1 pts Extra-credit question: For sometime, the US. banking lobby had been pressing the Fed to change one of its rules. They were doing this partly in reference to the "____ Clause" of the U.S. Constitution. Fill the blank with just one word. Question 32 Extra-credit question: Partly due to the pressure exerted by the banking lobby (as we saw in the previous question] and partlyr for another reason, the Fed changed that rule. What is the new rule now? 0 Paying interest on reserves 0 Reducing the required reserve ratio to zero. 0 Including savings deposits in M1. () Increasing the amount of deposits insured by FDIC from $150,000 to $250000. 0 Reducing the discount rate to zero. 1:) Reducing the federal funds rate to zero. 0 Stop regulating the amount of bank capital
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