Any reserves held by a bank above the amount of minimum legal reserves are called

a. total reserves.
b. required reserves.
c. fiat money.
d. excess reserves.

d

Economics

You might also like to view...

The opportunity cost of your college education is

a. the cost of the textbooks you buy at the bookstore b. the grades you receive in your courses c. the actual dollar cost of your college education d. your best alternative use of the money you spend for a college education e. the income you earn while going to college

Economics

The most broadly based price index is the:

a. GDP chain price index. b. real GDP price index. c. producer price index. d. consumer price index.

Economics