All of the following were reasons that the Fed increased the required reserve ratio in 1936 EXCEPT

Name: All of the following were reasons that the Fed increased the required reserve ratio in 1936 EXCEPT
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Question

Quizplus · Accepted Answer

The Fed increased the required reserve ratio in 1936 primarily due to concerns over a speculative bubble, to eliminate the high level of excess reserves, and concerns over the possibility of future inflation. There were no indications at the time that the economy was overheating.

All of the Following Were Reasons That the Fed Increased