cess reserves refer to the
A) difference between a bank's vault cash and its reserves deposited at the Federal Reserve Bank.
B) minimum amount of actual reserves a bank must keep on hand to back up its customers deposits.
C) difference between actual reserves and loans.
D) difference between actual reserves and required reserves.

Question

Quizplus · Accepted Answer

Excess reserves are the amount by which a bank's or financial institution's actual reserves exceed the minimum required reserves. This is the difference between the actual reserves a bank holds and the reserves it is required by regulation to hold against deposits.

Cess Reserves Refer to the