Solved

The Amount of Reserves Necessary to Maintain the Existing Level

Question 56

Multiple Choice

The amount of reserves necessary to maintain the existing level of borrowing and the fed funds rate specified by the policy directive is called which of the following?


A) the reserve need
B) open market operations
C) the maintenance period reserves
D) the reserve drain

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents