A bank's reserves

A) can be held as deposits with the Federal Reserve.
B) are the sum of its excess and required reserves.
C) can be held as cash in its vault.
D) all of the above.

D

Economics

You might also like to view...

In the present, most of the exports from China are

A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) overpriced by world market standards.

Economics

When the Fed supplies the banking system with an extra dollar of reserves, deposits increase by more than one dollar—a process called

A) extra deposit creation. B) multiple deposit creation. C) expansionary deposit creation. D) stimulative deposit creation.

Economics