Wednesday 6 June 2012

Which of the following determines the amount of money the banking system as a whole can create?

Which of the following determines the amount of money the banking system as a whole can create?
A. the quantity of bank reserves
B. the quantity of vault cash held by banks
C. the gold reserves held by the Federal Reserve
D. the limit on profits by banks imposed by the U.S. Congress
 

No comments:

Post a Comment

Note: only a member of this blog may post a comment.