Interest paid on reserves held at the fed

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Reference no: EM131112577

Interest paid on reserves held at the Fed:

A) is available to the general public, but not to commercial banks.

B) gives incentive for financial institutions to hold more reserves and reduce risky lending.

C) is determined by the Federal funds rate.

D) totaled over $1 trillion in 2012

Reference no: EM131112577

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