If the Banking System Has a Large Amount of Reserves,many

question 121

Multiple Choice

If the banking system has a large amount of reserves,many banks will have excess reserves to lend and the federal funds rate will probably ________;if the level of reserves is low,few banks will have excess reserves to lend and the federal funds rate will probably ________.

• A)fall;fall
• B)fall;rise
• C)rise;fall
• D)rise;rise

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Definitions:

Promotion Mix

A combination of promotional tools used by a business to achieve its marketing objectives, including advertising, sales promotion, public relations, personal selling, and direct marketing.