XECO 212 WeeK 6 Assignment - Money Train
In 150 to 200 words, explain your reasoning for the way you are planning on using Reserve Requirements. Be sure to address the following:
1. How Reserve Requirements affect the economy
2. How your action will affect economic growth
3. Why it is important to increase economic growth
4. Your rationale for the use of Reserve Requirements
At the end of the game, you will be provided with this information to give to your instructor.
Ans.1. Federal Reserve uses reserve requirement as a tool to control liquidity or money supply in the economy. Reserve requirements are pr