The last transaction in the federal funds market occurred in 2008 because
A) the Federal Reserve closed down the federal funds market.
B) in response to the financial crisis, the Federal Reserve raised the reserve ratio to 100 percent.
C) the federal funds rate has been set too high.
D) since the financial crisis, nearly every bank has significant excess reserves.
Correct Answer:
Verified
Q58: Overnight loans from one bank to another
Q59: Which of the following is correct?
A) Both
Q60: Which of the following would reduce the
Q61: The multiple by which the commercial banking
Q62: Other things equal, if the required reserve
Q64: Suppose a commercial banking system has $100,000
Q65: If a portion of the loans extended
Q66: The multiple by which the commercial banking
Q67: If m equals the maximum number
Q68: The federal funds market is the market
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