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pickupchik [31]
3 years ago
9

The primary purpose of the legal reserve requirement is to:

Business
1 answer:
Marta_Voda [28]3 years ago
4 0

Answer: The correct answer is choice C.

Explanation: The primary purpose of the legal reserve requirement is to provide a means by which monetary authorities can influence the lending ability of commercial banks. These policies are the way in which the Federal Reserve can control the money supply.

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