When the Fed Increases the Required Reserve Ratio,a Bank's

question 93

Multiple Choice

When the Fed increases the required reserve ratio,a bank's

• A) required reserves are unaffected.
• B) required reserves are increased.
• C) required reserves are decreased.
• D) excess reserves are decreased.
• E) b and d

---

Definitions:

Expected Frequency

In statistics, the frequency expected in a category of a contingency table under the assumption that the null hypothesis is true.

Chi-Square

A statistical test that measures the difference between observed and expected frequencies in categorical data.

Row Variable

In the context of a data table or matrix, it refers to the variable represented by the rows, often used in cross-tabulation to compare against another variable.

Column Variable

A variable represented by a column in a dataset, where each entry in the column represents a value of the variable.