Reserve requirements:
A) set the maximum amount of reserves a bank must hold.
B) set the minimum amount of reserves a bank must hold.
C) are established by Congress.
D) are set by the American Bankers Association.
Correct Answer:
Verified
Q80: Near-moneys are:
A) paper money.
B) fiat money.
C) highly
Q81: A bank run occurs when:
A) too many
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Q84: Banks are illiquid because:
A) their deposits are
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A) customers'
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