The percentage of deposits that must be held as reserves is called

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The required reserves ratio is a percentage set by the central bank that determines how much of a bank's deposits must be held as reserves. Option A (excess reserves) refers to any reserves held by a bank above and beyond the required amount. Option B (required reserves) is not specific enough, as it doesn't specify the percentage or ratio involved. Option D (transfer deposits) refers to deposits that are transferred from one account to another, and is not directly related to reserve requirements.

The Percentage of Deposits That Must Be Held as Reserves