Explain how a regulation requiring banks to keep a given percentage of deposits in a non-interest bearing account at the Fed is really a tax on banks.

Name: Explain how a regulation requiring banks to keep a given percentage of deposits in a non-interest bearing account at the Fed is really a tax on banks.
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The Answer of Explain how a regulation requiring banks to keep a given percentage of deposits in a non-interest bearing account at the Fed is really a tax on banks.

Explain How a Regulation Requiring Banks to Keep a Given