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Test: AP Macroeconomics
1. | What is a reserve requirement? |
the ability to easily turn an asset into cash.
The amount of money that a bank donates to favorable politicians.
The percentage of cash that must be held by the bank and not loaned out or used to invest.
A value threshold after which a nonperforming loan becomes a concern to a bank or other financial institution.
A medium of exchange.
Julia
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Utah State University, Bachelor in Arts, History. University of Utah, Masters in Education, Social Science Teacher Education.
Catherine
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Siena College, Bachelor in Arts, American Studies. SUNY at Albany, Master of Arts, History.
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