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Question
The Federal Reserve has reduced the use of reserve requirements as a monetary policy tool because:a. the Fed has focused on controlling short-term interest rates.
b. of the increased use of sweep accounts.
c. reserve requirements are a "tax" on banks .
d. All of the above.
e. a. and c. only.
Answer
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Related questions
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A London based firm has a subsidiary located in New York. The subsidiary has $1,000 in assets, $750 in liabilities and $250 in equity. The current spot rate is $1.60/£.If the spot rate changes to $1.50/£, what will be the firm's gain or loss?a. $10.42 gainb. £10.42 gainc. $10.42 lossd. £10.42 losse. cannot be determined
Q:
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b. The dollar amount of cash items in process of collection.
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
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Q:
A London based firm has a subsidiary located in New York. The subsidiary has $1,000 in assets, $750 in liabilities and $250 in equity. The current spot rate is $1.60/£.If the spot rate changes to $1.50/£, what will be the firm's gain or loss?a. $10.42 gainb. £10.42 gainc. $10.42 lossd. £10.42 losse. cannot be determined