asked 99.6k views
2 votes
Increasing the reserve. requirement is likely to have which of
the following effects?

asked
User Moxi
by
7.7k points

1 Answer

5 votes

Answer:

In the absence of additional measures, raising the reserve requirement ratios reduces the amount of deposits that can be supported by a certain level of reserves, lowers the money supply, and rises the cost of credit.

Step-by-step explanation:

answered
User Exey Panteleev
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.