Over the Past Several Decades,the ________ and the ________ Have

question 69

Multiple Choice

Over the past several decades,the ________ and the ________ have benefited most from apportionment.

• A)Northeast; Midwest
• B)Northeast; South
• C)South; Midwest
• D)South; West

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Definitions:

Required Reserve Ratios

These are central bank regulations set on the minimum amount of reserves that commercial banks must hold against deposits.

Excess Reserves

The reserves held by banks over and above the legal reserve requirement set by the central bank or regulatory authority.

Actual Reserves

The total amount of funds or commodities a bank holds at a given time, including both required and excess reserves.

Required Reserves

The minimum amount of funds that a bank is required to hold in reserve against deposits made by customers, as mandated by regulatory authorities.