<< Chapter < Page | Chapter >> Page > |
Card 9 / 12:
Explain what would happen if banks were notified they had to increase their required reserves by one percentage point from, say, 9% to10% of deposits. What would their options be to come up with the cash?
The course author didn't provide an answer for this question
Previous Card | ← Previous Card Button |
Next Card | → Next Card Button |
Flip Card | ↑ / ↓ / Return / Space |
Notification Switch
Would you like to follow the 'Macroeconomics' conversation and receive update notifications?