If a bank's reserves are exactly equal to the required amount of reserves,then it has no excess reserves.

Name: If a bank's reserves are exactly equal to the required amount of reserves,then it has no excess reserves.
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Excess reserves refer to the amount of reserves held by a bank in excess of the required reserve ratio. If a bank's reserves are exactly equal to the required amount, then there are no excess reserves.

If a Bank's Reserves Are Exactly Equal to the Required