Banks' holding of deposits in accounts with the Fed,plus currency that is physically held in banks are called
A) the monetary base.
B) government securities.
C) open market operations.
D) reserves.

Name: Banks' holding of deposits in accounts with the Fed,plus currency that is physically held in banks are called A) the monetary base. B) government securities. C) open market operations. D) reserves.
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Question

Quizplus · Accepted Answer

The deposits in accounts with the Fed and physical currency held by banks are known as bank reserves.

Banks' Holding of Deposits in Accounts with the Fed,plus Currency