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undefined Which of the following explain why the required reserve ratio is becoming a less useful tool in the conduct of monetary policy? Check all
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Which of the following explain why the required reserve ratio is becoming a less useful tool in the conduct of monetary policy? Check all that apply.
Banks see a lower number of customers.
Popularity of ATMs reduces the cash reserves at most banks.
Sweep accounts reduce balances on the checking accounts.
Popularity of ATMs forces banks to hold on more cash.
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