The Reserve Requirement Is

question 61

Multiple Choice

The reserve requirement is

• A) the fraction of deposits the Fed is required to hold in its vaults in case member banks ask to draw on their accounts.
• B) the fraction of currency held by banks as required by law.
• C) the fraction of deposits banks are required to hold as reserves.
• D) the fraction of the money base held in reserve by member banks of the Federal Reserve System.
• E) none of the above.

---

Definitions:

Noncellular Structure

Refers to structures not made up of cells, often found in various life forms or synthetic materials.

Nucleic Acid

A complex organic substance present in living cells whose molecules consist of many nucleotides linked in a long chain, essential for life and involved in the storage and transmission of genetic information.

Protein Coat

A protective layer surrounding a virus, composed of protein molecules, known as a capsid, which encases the viral genetic material.

Strep Infection

An infection caused by any of the group A Streptococcus bacteria, commonly affecting the throat and skin.