Question and answer
The primary purpose of the legal reserve requirement is to A. provide a means by which the monetary authorities can influence the lending ability of commercial banks. B. prevent banks from hoarding too much vault cash. C. provide a dependable source of interest income for commercial banks. D. prevent commercial banks from earning excess profits.
s
The primary purpose of the legal reserve requirement is to provide a means by which the monetary authorities can influence the lending ability of commercial banks.
Question|Asked by laceupgirl
Asked 3/2/2014 8:19:47 AM
Updated 9/23/2017 2:19:50 AM
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The primary purpose of the legal reserve requirement is to provide a means by which the monetary authorities can influence the lending ability of commercial banks.

Added 9/23/2017 2:19:50 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/23/2017 7:05:21 AM]
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Questions asked by laceupgirl
Taxes on commodities or on purchases are known as _______ taxes. A. personal income B. sales and excise C. payroll D. corporate income
Weegy: Taxes on commodities or on purchases are known as SALES and EXCISE taxes. (More)
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Updated 2/28/2014 3:29:43 PM
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Which one of the following statements about stocks is correct?
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Updated 2/28/2014 4:32:38 AM
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The stock (also capital stock) of a corporation constitutes the equity stake of its owners.
Added 2/28/2014 4:32:38 AM
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Other things equal, the provision of a per unit subsidy for a product will A. increase its supply. B. decrease the quantity sold. C. increase its price. D. decrease its demand.
Question|Asked by laceupgirl
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Updated 2/28/2014 4:42:06 AM
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Other things equal, the provision of a per unit subsidy for a product will A. increase its supply.
Added 2/28/2014 4:42:06 AM
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If consumers are willing to pay a higher price than previously for each level of output, we can say that _______ has occurred. A. an increase in supply B. a decrease in supply C. an increase in demand D. a decrease in demand
Question|Asked by lovehurts7887
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Updated 2/27/2014 10:49:52 PM
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If consumers are willing to pay a higher price than previously for each level of output, we can say that A. an increase in supply has occurred.
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