AFP
CTP · Question #765
(Topic 8) Which of the following would increase if the Fed were to announce a reduction in reserve requirements?
The correct answer is B. Monthly earnings credits. See the full explanation below for the reasoning.
Question
- (Topic 8)
Which of the following would increase if the Fed were to announce a reduction in reserve requirements?
Options
- AMonthly service charges
- BMonthly earnings credits
- CAverage collected balances
- DFed float
How the community answered
(23 responses)- A9% (2)
- B83% (19)
- C4% (1)
- D4% (1)
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