Interest paid on reserves held at the feda is available to, Ask an Expert

Economics

Interest paid on reserves held at the Fed:

A) is available to the general public, but not to commercial banks.

B) gives incentive for financial institutions to hold more reserves and reduce risky lending.

C) is determined by the Federal funds rate.

D) totaled over $1 trillion in 2012

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91870161

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