18-88 Which of the following is the result of using "sweep accounts" in which high reserve ratio demand deposits are "swept" out of customers' accounts on Friday into higher interest-bearing savings accounts?
A) Increased reserve requirements for the bank.
B) Higher average balances in a DI's demand deposit.
C) Lower required reserve holdings at the Federal Reserve.
D) Lower interest burden for the bank.
E) None of the above.
Correct Answer:
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