Which of the following statements is (are) not correct? O A. An open-market operation is the purchase of U.S. government bonds by the Fed. O B. The discount rate is the interest rate on loans the Fed makes to banks to influence the amount of reserves banks borrow. O C. The Reserve Requirement (or Cash Reserve Ratio) is a state bank regulation that sets the minimum reserves each Commercial bank must hold to customer deposits and notes. O D. Both (A) and (C) are not correct.

Which of the following statements is (are) not correct? O A. An open-market operation is the purchase of U.S. government bonds by the Fed. O B. The discount rate is the interest rate on loans the Fed makes to banks to influence the amount of reserves banks borrow. O C. The Reserve Requirement (or Cash Reserve Ratio) is a state bank regulation that sets the minimum reserves each Commercial bank must hold to customer deposits and notes. O D. Both (A) and (C) are not correct.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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