Changing the Required Reserve Ratio Is an Often-Used Monetary Tool

question 137

True/False

Changing the required reserve ratio is an often-used monetary tool to influence the federal funds rate.

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Definitions:

Claim

A demand or assertion by one party seeking to enforce their rights or seeking a remedy from another party, typically in a legal context.

Finder

A person who discovers something, especially lost or abandoned property, and may have certain legal rights or obligations regarding its custody and disposal.

Original Owner

The first or initial owner of an item or property.

Primarily Contractual

Pertaining mainly to agreements made between parties that are enforceable by law.