The part of a commercial bank's reserves that are larger than desired are called
A) additional reserves.
B) required reserves.
C) excess reserves.
D) nonrequired reserves.
E) unnecessary reserves.
C
Economics
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Suppose there are 1000 identical wheat farmers. For each, TC = 10 + q2. Market demand is Q = 600,000 – 100p. Derive the short-run equilibrium Q, q, and p. Does the typical firm earn a short-run profit?
What will be an ideal response?
Economics
The capital ratio is the ratio of a bank's
A) assets divided by its liabilities. B) income divided by its assets. C) capital divided by its assets. D) capital divided by its total liabilities.
Economics