Reserves of the banking system are an important target of central bank policy because, left alone, bankers could increase the quantity of reserves available to them virtually without limit.
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Q2: The total quantity of reserves available to
Q3: Discount window loans to depository institutions are
Q4: Some of the Federal Reserve's policy tools
Q5: A policy directive is issued to the
Q6: A straight or outright open-market transaction by
Q7: A Federal Reserve reverse REPO temporarily increases
Q8: The Federal Reserve refuses to pay interest
Q9: Defensive open-market operations, according to your text,
Q10: The principal purpose of reserve requirements is
Q11: Increased required reserves mandated by the Federal
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