Question

True or false: When banks loan out some of their excess reserves, the monetary base increases by the amount of the loan. Explain your answer. 5 points. 2

Answer 1

True The monetary base is increased by the loan amount when banks lend out a portion of their excess reserves.

How can I quickly obtain a loan?

You can apply for a personal loan online by contacting a bank or financial institution directly through their website to find out if you qualify, as well as to find out the interest rate and monthly payment. The money will be transferred to your checking account right away if the loan is granted.

Which banks easily provide loans?

The finest banks in India for personal loans include HDFC, Hdfc, Bajaj FInancial sector, Tata Bank, and Kotak Mahindra.

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