The Fed Has Just Reduced the Reserve Requirement from 14

question 195

True/False

The Fed has just reduced the reserve requirement from 14% to 12%. Commerce Bank holds $650 million in deposits. It will need to become more conservative with its lending procedures because it now must hold $91 million in reserves.

Understand the significance of major treaties and agreements during and following World War I.

Assess the role of propaganda, censorship, and public opinion during the war efforts.

Describe the changes in the status and rights of women and minority groups as a consequence of World War I.

Understand the role of technological and tactical advancements in warfare during World War I.