If a bank in the United States runs a legal reserve deficit of more than 2 percent of its required daily average legal reserve position,it will be assessed an interest penalty equal to the Federal Reserve's discount rate plus 5 percent.

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The Answer of If a bank in the United States runs a legal reserve deficit of more than 2 percent of its required daily average legal reserve position,it will be assessed an interest penalty equal to the Federal Reserve's discount rate plus 5 percent.

If a Bank in the United States Runs a Legal