Excess reserves are the
A) same as the required reserves.
B) amount of reserves the Fed requires banks to hold.
C) amount of reserves a bank holds at the Fed.
D) amount of reserves banks keep in their vaults.
E) amount of reserves held over what is desired.
Correct Answer:
Verified
Q33: Checkable deposits are money because
A)only banks and
Q34: Actual reserves are equal to
A)required reserves plus
Q35: Money market mutual funds
A)are included in M1
Q36: --------------------like a check and--------------------considered money.
A)E-checks work;
Q37: Suppose the currency drain ratio is 33.33
Q39: If the Fed purchases securities in the
Q40: When we put a price tag on
Q41: If the desired reserve ratio increases, then
A)banks
Q42: A bank has $250 in checking deposits,
Q43: Which of the following are policy tools
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