Total reserves are
A) deposits held by Federal Reserve district banks for depository institutions, plus depository institutions' vault cash.
B) reserves that a depository institution must hold in the form of vault cash.
C) reserves that depository institutions are allowed to claim as reserves.
D) any item that legally functions as money.
Correct Answer:
Verified
Q339: The potential for a financial breakdown at
Q340: Federal Reserve notes are
A) a liability of
Q341: A bank with $200 million in deposits
Q342: A system in which depository institutions hold
Q343: Total reserves are
A) required reserves plus vault
Q345: The concept of holding reserves, such as
Q346: Fractional reserve banking is a system in
Q347: In a fractional reserve banking system
A) banks
Q348: Total reserves of private banks are
A) all
Q349: Fractional reserve banking began
A) in the early
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