Which of the following is correct?
A)Desired reserves minus actual reserves equal excess reserves.
B)Desired reserves equal excess reserves minus actual reserves.
C)Desired reserves equal actual reserves plus excess reserves.
D)Actual cash reserves minus desired reserves equal excess reserves.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is correct?
A)Desired reserves minus actual reserves equal excess reserves.
B)Desired reserves equal excess reserves minus actual reserves.
C)Desired reserves equal actual reserves plus excess reserves.
D)Actual cash reserves minus desired reserves equal excess reserves.

Which of the Following Is Correct