Econ Problems & issues Question 18

Economics
Tutor: None Selected Time limit: 1 Day

Dec 7th, 2015

Thank you for the opportunity to help you with your question!

EXCESS RESERVES

The required reserve is the amount of deposits that a bank is required to maintain(keep) by central bank. When the deposits exceed the required reserve, excess reserve, the banks lends out the excess amount.

Please let me know if you need any clarification. I'm always happy to answer your questions.
Dec 7th, 2015

Are you studying on the go? Check out our FREE app and post questions on the fly!
Download on the
App Store
...
Dec 7th, 2015
...
Dec 7th, 2015
Dec 4th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer