Business, 11.06.2020 16:57 jennifermsalzo

Changes in reserve requirements to conduct monetary policy is generally not a good idea for the United States because: A)it requires approval of Congress and this can take too long.
B)it takes a long time to work whereas other tools are much quicker.
C)this tool is powerful and makes it difficult for bank managers to plan for the future and manage funds as they like.
D)the United States is too large of a country to use this tool.

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