Course Textbook
McEachern, W. A. (2012). ECON Macro 3 (3rd ed.). Mason, OH: South-Western.
1. Explain how banks are financial intermediaries. WHat are reserves? WHat are excessive reserves? Explain how the Fed can affect the quantity of excess reserves in the banking system.
Your response should be at least 75 words in length for each question. You are required to use at least your textbook as source material for your responses. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations in APA format.
Case study questions are attacthed as an attachment. there are 2 questions.
Your responses should be at least 150 words in length for each question. You are required to use at least your textbook as source material for your responses. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations in APA format.