Total reserves minus bank deposits with the Fed equals

A) vault cash.
B) excess reserves.
C) required reserves.
D) currency in circulation.

A

Economics

You might also like to view...

What is demand-pull inflation?

What will be an ideal response?

Economics

A sharp increase in gasoline prices will cause the supply curve for trucking services to shift to the right

a. True b. False Indicate whether the statement is true or false

Economics