Which of the following best describes the purpose of raising and lowering the
required reserve ratio?
o
a. to regulate the activity of private banks to assure an equitable
distribution of wealth.
o
b. to stimulate economic growth by making it less expensive for
producers to get loans.
o
c. to manage the economy by increasing or decreasing the amount
of loans being made.
d. to make sure that government spending does not result in either a
surplus or deficit