What Is the Reserve Requirement

question 22

Multiple Choice

What is the reserve requirement?

• A) the legal minimal percentage of deposits required to be held in reserve by banks
• B) the percentage of reserves that is held only on amounts over $43.9 million
• C) the amount of reserves that the Fed wants to inject at a given time
• D) None of the answers is correct.

---

Definitions:

Social Forces

Influential mechanisms, conditions, or societal aspects that affect the behavior, attitudes, and actions of individuals and groups within society.

Emotion Labour

The method of controlling emotions and expressions to meet the emotional demands of a profession.

Smart Technologies

Advanced technological systems and devices that incorporate intelligence, learning, and adaptation through interaction with humans and their environments.

Mediated Interaction Technologies

comprise digital and electronic technologies that facilitate interpersonal communication and interaction across distances.