91影视

If you decide to hold $\backslash (100$ less cash than usual and therefore deposit $\backslash )100$ more cash in the bank, what effect will this have on checkable deposits in the banking system if the rest of the public keeps its holdings of currency constant?

鈥淭he Fed can perfectly control the amount of reserves in the system.鈥� Is this statement true, false, or uncertain? Explain.

The Fed buys $100 million of bonds from the public and also lowers the required reserve ratio. What will happen to the money supply?