A bank holds its reserves as ________ and ________.

Name: A bank holds its reserves as ________ and ________.
Brand: Quizplus
Rating: 4.9 (51 reviews)

Question

Quizplus · Accepted Answer

According to the traditional fractional reserve banking system, a bank holds a portion of its deposits as reserves. These reserves can be held as vault cash or as deposits at the central bank (in Canada, the Bank of Canada). The most common form of reserves is vault cash and reserves held at the central bank. Therefore, the answer is C.

A Bank Holds Its Reserves as ________ and ________

A Bank Holds Its Reserves as and