Excess Reserves Are

question 101

Multiple Choice

Excess reserves are

• A)Total reserves less required reserves.
• B)Total reserves less transactions account balances.
• C)Required reserves less demand deposits.
• D)Bank reserves in excess of vault cash.

---

Definitions:

Emergence

The process of coming into being or of becoming prominent or important, often used in the context of ideas, trends, or phenomena.

Ku Klux Klan

A white supremacist hate group in the United States, originally founded in the aftermath of the Civil War, known for promoting racism, anti-Semitism, and xenophobia.

Reconstruction Years

The period after the Civil War, from 1865 to 1877, during which the United States worked to rebuild and integrate the Southern states.

1920s

A decade of economic prosperity and cultural dynamism in the Western world, particularly in the United States, known for the Jazz Age, the Harlem Renaissance, and significant social changes.