For what purposes do depository institutions keep deposits in the Federal Reserve banks?
A) for clearing checks
B) to satisfy reserve requirements
C) to earn interest
D) a and b

Name: For what purposes do depository institutions keep deposits in the Federal Reserve banks? A) for clearing checks B) to satisfy reserve requirements C) to earn interest D) a and b
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Depository institutions keep deposits in the Federal Reserve banks to satisfy reserve requirements and for clearing checks.

For What Purposes Do Depository Institutions Keep Deposits in the Federal