One of the changes to the Fed's balance sheet that has occurred in recent years is the virtual elimination of a category of loans called float.How is float created and why has this item on the balance sheet almost disappeared?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q77: The simple deposit expansion multiplier is really
Q78: If the required reserve rate is ten
Q79: The most a bank could lend at
Q80: If we assume a ten percent required
Q81: The money multiplier is much lower today
Q83: During the Great Depression, the monetary base
Q83: The assets that appear on the central
Q84: If the central banks of most countries
Q85: If M = the quantity of money,
Q87: One thing the Fed has learned over
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents