The ____________________ is the difference between actual reserves and those projected to be needed to keep the fed funds rate at the targeted level.
A)contemporaneous amount of reserves
B)reserve need
C)required reserves
D)lagged amount of reserves

Question

Quizplus · Accepted Answer

The reserve need is the difference between actual reserves and those projected to be needed to keep the fed funds rate at the targeted level, according to the Federal Reserve. The other options listed do not accurately describe this concept.

The ____________________ Is the Difference Between Actual Reserves and Those