Question
The Federal Reserve Bank changes reserve requirements from 5.0 percent to 8.0 percent, The transactions deposit in the banking system are $500 million. The total
The Federal Reserve Bank changes reserve requirements from 5.0 percent to 8.0 percent, The transactions deposit in the banking system are $500 million. The total change in deposits (with no drains) would be _______________.
Incrase by $1875.5 million
Decrease by $15.0 million
Increase by $15.0 million
Decrease by $187.5 million
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
