bbykk5028 bbykk5028
  • 19-04-2022
  • Law
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The primary purpose of the legal reserve requirement is to.

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lokietry
lokietry lokietry
  • 21-04-2022

Answer:

Explanation: 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. Basically, it is the Federal Reserve’s way of controlling the money supply.

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