If you know the required reserve ratio,then you know how much each bank is holding in reserves.

Name: If you know the required reserve ratio,then you know how much each bank is holding in reserves.
Brand: Quizplus
Rating: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

The required reserve ratio only tells you the percentage of deposits that banks are required to hold in reserve. It does not provide information on the total amount of reserves a bank is holding, as this would also depend on the total amount of deposits at the bank.

If You Know the Required Reserve Ratio,then You Know How