Which of the following accurately describes a bank's excess reserves
A) Actual reserves.
B) Deposits of the bank held at the Fed.
C) Actual reserves minus the minimum required reserves.
D) Required reserves.
Your answer: C was correct!
Excess reserves are deposits in excess of the minimum required amount that a bank must retain. The excess reserves may be loaned out to bank customers.
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发表于 2006-3-27 19:40
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