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Loraine Loraine
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10 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:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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