OHIO AIR Government Review Flashcards

OHIO AIR Government Review

0 / 33

Question

Reserve requirement=amount of money banks have to keep on hand (not loan).If INCREASED by Fed.

Answer

less money to loan, people borrow at a higher cost and spend less

Know itStill learning

Card 1 of 33

OHIO AIR Government Review

0 / 33

Question

Answer

less money to loan, people borrow at a higher cost and spend less

Know itStill learning

Card 1 of 33