The Fed Changes Reserve Requirements from 10% to 7%, Thereby

question 83

Multiple Choice

The Fed changes reserve requirements from 10% to 7%, thereby creating $900 million in excess reserves. The total change in deposits (with no drains) would be

• A) $3,000 million
• B) $12,857 million
• C) $13,652 million
• D) $15,795 million

---

Definitions:

Least Liked

The concept of identifying the least preferred individual within a group or team, often used in organizational and social psychology to understand group dynamics.

Idiosyncrasy Credits

The allowance given to a person by others within a group to deviate from the group's norms, often earned through loyalty or competence.

Single Holdout

A situation or scenario in which one member or element resists conformity or consensus, often impacting decision-making processes.

Coalition

An alliance of individuals or groups formed for a specific purpose, often to achieve a common goal or to address a mutual concern.