History, 12.04.2021 18:50 eburnhisel2023
One regulation the Federal Reserve imposes on banks is that they guarantee a portion of their money be available for their depositors to withdrawal. If this regulation didn't exist, what effect might this have on the economy?
A. Stock market returns would be higher.
B. People would be hesitant to put their money in banks.
C. Interest rates for lending would decrease.
D. Banks would be able to loan more money.
Answers: 3
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One regulation the Federal Reserve imposes on banks is that they guarantee a portion of their money...
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