Buffer reserves at DIs are
A)reserves in excess of the minimum required reserves.
B)government securities that do not qualify as required reserves,but that can be converted to cash quickly.
C)the portion of reserves that are calculated at a rate of ten percent of deposits.
D)non-government securities and loans that must be converted into cash.

Question

Quizplus · Accepted Answer

The Answer of Buffer reserves at DIs are
A)reserves in excess of the minimum required reserves.
B)government securities that do not qualify as required reserves,but that can be converted to cash quickly.
C)the portion of reserves that are calculated at a rate of ten percent of deposits.
D)non-government securities and loans that must be converted into cash.

Buffer Reserves at DIs Are