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Loraine Loraine
wrote...
Posts: 4563
9 years ago
Excess reserves are the
A) same as the required reserves.
B) amount of reserves the Fed requires banks to hold.
C) amount of reserves held over what is desired.
D) amount of reserves a bank holds at the Fed.
E) amount of reserves banks keep in their vaults.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 210 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
wrote...
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Posts: 3807
9 years ago
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Loraine Author
wrote...

9 years ago
Smart ... Thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Just got PERFECT on my quiz
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