Answer to Question #281990 in Finance for Aston

Question #281990
  1. In response to the 2020 economic disruption, the Federal Reserve dropped the commercial bank reserve requirement to zero. Therefore

a.The discount rate increased

b.Asymmetric information increased

c.Money supply increased

d.Bank profitability definitely increased



1
Expert's answer
2021-12-23T11:03:09-0500

The correct answer is c.Money supply increased


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