Transactions that affect U.S. bank reserves cannot be initiated by the

Name: Transactions that affect U.S. bank reserves cannot be initiated by the
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

The tax policies of foreign governments do not have a direct impact on U.S. bank reserves and cannot initiate transactions that affect them. The other options (nonbank public, Federal Reserve System, U.S. Treasury) have some level of control or influence over U.S. bank reserves.

Transactions That Affect U