At the end of each business day, the Federal Reserve requires banks to hold reserves equal to 10% of their checkable deposits.
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Q338: Bank runs today are not as frequent
Q339: If a bank has excess reserves of
Q340: If a bank has deposits of $10,000
Q341: The Federal Open Market Committee, composed of
Q342: Changing the reserve requirement is the main
Q344: Changes in the reserve requirement are the
Q345: Normally the discount rate is below the
Q346: When the Fed increases the discount rate,
Q347: When the federal government writes a check,
Q348: The federal funds rate is determined by
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