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valputin valputin
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8 years ago
Excess reserves are equal to
A) vault cash minus required reserves.
B) vault cash plus deposits with Federal Reserve banks minus required reserves.
C) total reserves minus discount loans.
D) deposits with the Fed minus vault cash plus required reserves.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
You're very welcome, valputin
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