OP
ßöмßäяðîëя
Apr 12, 2004
77,165
  • Thread Starter
  • Thread Starter #13,455
    Okay you Finance fuckers, see what you can do with this:

    1) The quantity of reserves demanded equals:
    a) total reserves minus excess reserves
    b)required reserves plus borrowed reserves
    c) excess reserves plus borrowed reserves
    d) required reserves plus excess reserves

    2)The quantity of reserves demanded rises when the:
    a) discount rate rises
    b) discount rate falls
    c) federal funds rate falls
    d) federal funds rate rises

    3) In the market for reserves, when the federal funds interest rate is below the discount rate, the supply curve of reserves:
    a) negatively sloped
    b) horizontal
    c) vertical
    d) positively sloped
     

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