Which of the following holds the reserves of private banks in the United States?
A) The Fed
B) The Pentagon
C) The Treasury Department
D) Venture capitalists

Question

Quizplus · Accepted Answer

The Fed, or the Federal Reserve System, is responsible for holding the reserves of private banks in the United States. This includes setting reserve requirements and providing loans to banks when necessary. The other options listed do not have a role in holding banks' reserves.

Which of the Following Holds the Reserves of Private Banks