An individual bank can lend out at most its
A)actual reserves.
B)fractional reserves.
C)legal reserves.
D)checkable deposits.
E)excess reserves.

Name: An individual bank can lend out at most its A)actual reserves. B)fractional reserves. C)legal reserves. D)checkable deposits. E)excess reserves.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

An individual bank can lend out its excess reserves, which are the reserves above the required minimum that the bank must hold.

An Individual Bank Can Lend Out at Most Its