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When the Fed raises the required reserve ratio, the excess reserves available in the banking system: Group of answer choices

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Answer:

are decreased

Step-by-step explanation:

the reserve ratio is the reserve requirement on commercial banks to deposit a percentage of their deposit liabilities to the Central Bank so as not to lend or invest all of them. Therefore when reserve ratio is increased, excess reserves available to banks decrease as they are required to keep more funds with the Central Bank. In the US, the Federal Reserve is in charge of setting the reserve ratio which is specified in Regulation D

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