Blog

To increase the money supply, the New York Fed is directed to carry out _____

Table 14.2 ​ COUNTYBANK Assets ​ Liabilities and Net Worth ​ ​ ​ ​ ​ Cash $1,000 Checkable Deposits $1,000 Refer to Table 14.2 for the balance sheet of Countybank. If the required reserve ratio is 10 percent, this bank alone can now increase its lending by _____

If the required reserve ratio is 20 percent, the simple money multiplier must be equal to _____

The discount rate is the interest rate that _____

Crowding out refers to the government’s increased demand for credit, which _____

When the Fed buys U.S. government securities from a member bank, _____

As a result of an expansionary monetary policy, _____

Any bank that uses deposits to make loans _____

The national debt _____

To reduce the money supply, the New York Fed is directed to carry out _____