mjwilhite9488 mjwilhite9488
  • 08-04-2020
  • Social Studies
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Reserves that banks are required by law to keep on hand to back up their deposits are called

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jazzybrownbear
jazzybrownbear jazzybrownbear
  • 08-04-2020

Answer:

The Fed increased both its purchase of assets and quantity of loans extended

Explanation:

because Reserves that banks are required by law to keep on hand to back up their deposits are called: required reserves. whatever is generally accepted in exchange for goods and services.

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