_______________________relabel(s) deposit liabilities subject to reserve requirements into other accounts that are not.
A)Regulation Q
B)Retail sweep accounts
C)Fed fund borrowings
D)Repurchase agreements

Question

Quizplus · Accepted Answer

Retail sweep accounts reclassify deposit liabilities subject to reserve requirements into other accounts that are not, allowing banks to minimize the amount of reserves they are required to hold by the Federal Reserve.

_______________________Relabel(s) Deposit Liabilities Subject to Reserve Requirements into Other Accounts