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Business, 14.04.2020 23:13 kaylaamberd

If the Fed lowers the required reserve ratio, in the banking system will remain unchanged but will rise. This will (likely) lead to an increase in new loans and checkable deposits and a(n) in the money supply.
a. excess reserves; vault cash; increase
b. reserves; vault cash; decrease
c. reserves; excess reserves; increase
d. reserves; required reserves; increase
e. none of the above

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