Excess reserves are
A) Total reserves less required reserves.
B) Total reserves less transactions account balances.
C) Required reserves less demand deposits.
D) Bank reserves in excess of vault cash.
Correct Answer:
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Q48: A single bank with $10,000 of reserves
Q49: Suppose a bank has $300,000 in deposits
Q50: Required reserves represent
A)A leakage from the flow
Q51: The banking system can lend the sum
Q52: The ratio of a bank's total reserves
Q54: Suppose University Bank has zero excess reserves.If
Q55: Banks are required to keep a minimum
Q56: The term fractional reserves refers to
A)The fact
Q57: Which of the following explains why banks
Q58: Initially a bank has a required reserve
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