If reserve requirements were eliminated, it would be harder to control interest rates. True, false, or uncertain?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:27 AM

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If reserve requirements were eliminated, it would be harder to control interest rates. True, false, or uncertain?

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False As the analysis of the channelcorridor approach to setting inter...View the full answer

Economics of Money, Banking and Financial Markets

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