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Why Does Changing the Reserve Requirement Prove Less Effective Than

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Why does changing the reserve requirement prove less effective than open market operations?


Definitions:

Class Width

The difference between the upper and lower boundaries of any class (category) in a frequency distribution.

Data Set

A collection of related sets of information that is composed of separate elements but can be manipulated as a unit by a computer.

Total Frequency

The sum of all frequencies in a data set, representing the total number of times a data point or category occurs.

Stem-and-Leaf Displays

A method of displaying quantitative data where each number is split into a "stem" (the leading digit(s)) and a "leaf" (the last digit).

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