Which of the following best describes the purpose of raising and lowering the
required reserve...
Social Studies, 28.02.2020 22:20 skywil8981
Which of the following best describes the purpose of raising and lowering the
required reserve ratio?
O
A. To make sure that government spending does not result in either a
surplus or deficit.
O
B. To regulate the activity of private banks to assure an equitable
distribution of wealth.
O
C. To manage the economy by increasing or decreasing the amount
of loans being made.
D. To stimulate economic growth by making it less expensive for
producers to get loans.
Answers: 3
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