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One of the Reasons We Have a Reserve Requirement Is

Question 20

Multiple Choice

One of the reasons we have a reserve requirement is


A) it allows the bank to extend credits to more borrowers.
B) it gives the bank a flexibility in raising new capital.
C) it acts as a first line defense against withdrawal risk.
D) it acts as a guaranteed line of credit for the borrowers.
E) it makes the bank more competitive in setting its loan rates.

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