The minimum amount of total reserves that depository institutions must hold are called fractional reserves.

Name: The minimum amount of total reserves that depository institutions must hold are called fractional reserves.
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The minimum amount of reserves that depository institutions must hold are called required reserves, not fractional reserves. Fractional reserves refer to the practice of holding only a fraction of deposits as reserves while lending out the rest.

The Minimum Amount of Total Reserves That Depository Institutions Must