Of the following, which would be the first choice for a bank facing a reserve deficiency?
A) Call in loans
B) Borrow from the Fed
C) Sell securities
D) Borrow from other banks
Answer: D
Of the following, which would be the first choice for a bank facing a reserve deficiency?
A) Call in loans
B) Borrow from the Fed
C) Sell securities
D) Borrow from other banks
Answer: D