Bank reserves equal:

Question

Quizplus · Accepted Answer

Bank reserves are funds that are held by banks in their accounts with their central bank. These funds typically consist of deposits that banks have received but have not lent out, which makes option D the correct choice. Gold in bank vaults (option A) is a store of value, but it is not necessarily part of bank reserves. Gold kept at the central bank (option B) can be part of a country's foreign exchange reserves, but it is not necessarily part of bank reserves. Currency plus deposits (option C) is a measure of the money supply, but it does not specifically refer to bank reserves.

Bank Reserves Equal