The difference between actual reserves and required reserves is

Name: The difference between actual reserves and required reserves is
Brand: Quizplus
Rating: 5.0 (58 reviews)

Question

Quizplus · Accepted Answer

Actual reserves refer to the total amount of cash and other liquid assets held by a bank, while required reserves refer to the minimum amount of reserves that a bank is required to hold by the central bank. The difference between the two is the excess reserves, which a bank can use for lending and investment purposes.

The Difference Between Actual Reserves and Required Reserves Is