The excess in reserves that results from a check being credited to one bank (or other depository institution) before it is debited from another is/are called
A) excess reserves.
B) required reserves.
C) loaned-up funds.
D) Federal Reserve float.
Correct Answer:
Verified
Q17: Which of the following cause and effect
Q18: What is the name of the lending
Q19: When the Fed makes a discount loan
Q20: Which of the following is (are) true?
A)The
Q21: What are offsetting open markets operations?
A)the buying
Q23: Though its open market operations, the Fed
Q24: Total reserves equal
A)the required reserve ratio multiplied
Q25: Depository institutions are required to hold reserve
Q26: Because depository institutions are profit driven, excess
Q27: To say that a bank is "loaned
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