Any Reserves That Banks Hold in Excess of Required Reserves

question 172

Multiple Choice

Any reserves that banks hold in excess of required reserves are called

• A) excess reserves.
• B) margin reserves.
• C) federal reserves.
• D) surplus reserves.

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Definitions:

Geographic Design

An organizational structure that is arranged based on the geographic locations of its operations or markets.

Duplication of Functions

The scenario in which multiple individuals or departments perform the same tasks or activities, often leading to inefficiency within an organization.

Functional Design

The aspect of design focused on optimizing the functionality of a product or system, emphasizing utility over form.

Geographic Design

The planning and creation of spatial arrangements or environments based on geographical principles and data.