Table 13-3

-In Table 13-3,the desired reserve ratio for the entire banking system is

Question

Table 13-3
 
-In Table 13-3,the desired reserve ratio for the entire banking system is

Quizplus · Accepted Answer

The desired reserve ratio for the entire banking system is typically set by the central bank or regulatory authority to ensure financial stability and control the money supply. A 10 percent reserve ratio is a common standard, indicating that banks are required to hold in reserve 10 percent of their deposit liabilities. This ratio is used to control the amount of money banks can create through lending.

Table 13-3 -In Table 13-3,the Desired Reserve Ratio for the Entire Banking