The percentage of deposits that banks must hold as reserves is called the

A) percentage rate.
B) required reserve ratio.
C) Fed rate.
D) discount rate.

B

Economics

You might also like to view...

Refer to above figure. While selling exports it would also maximize its domestic sales by equating its marginal (opportunity) cost to its marginal revenue of $5. How much steel would the firm sell domestically, and at what price?

What will be an ideal response?

Economics

Which of the following types of employment is inevitable whenever an employee loses his or her job?

a. cyclical b. frictional c. seasonal d. structural

Economics