The Quantity of Reserves That Banks Must Hold Against Deposits

question 162

Multiple Choice

The quantity of reserves that banks must hold against deposits is called

• A) the reserve ratio.
• B) excess reserves.
• C) total reserves.
• D) required reserves.

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Definitions:

Racism

Discrimination or prejudice against individuals on the basis of their race, often rooted in the belief that one race is superior to others.

Military

Pertains to the armed forces of a country, responsible for defending it against external threats and ensuring its sovereignty.

Society

refers to an organized group of people associated together for religious, benevolent, cultural, scientific, political, patriotic, or other purposes.

Open Door Notes

A series of U.S. policy statements that promoted equal opportunities for international trade in China in the late 19th and early 20th centuries.