Legal reserve requirements for depository institutions

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Reference no: EM131874432

1. The asset(s) that satisfy the Fed's legal reserve requirements for depository institutions in the U.S. today is/are:

vault cash

deposits at the Fed

paid-in capital plus vault cash

vault cash and deposits at the Fed

vault cash, deposits at the Fed and capital

2. The most important economic stabilization tool of the Fed is:

fiscal policy.

reserve requirement policy

discount rate policy

open market operations

Reference no: EM131874432

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