Sign In
Ask Question
Business
Clare Solomon
5 September, 17:02
1. What are reserves held by banks?
+1
Answers (
1
)
Trevon Kirby
5 September, 17:23
0
This is what I found!
Explanation:
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“1. What are reserves held by banks? ...”
in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Second national bank (snb) (million $) funds borrowed $6,500 maximum amount snb can still borrow $8,500 cash-type assets $3,700 excess cash reserves $ 80 federal reserve borrowings $ 20 what are second national bank's total uses of liquidity? a.
Answers (1)
Imari Brown arrived at the following tax information: Tax Information Gross salary $ 41,595 Additional small business income 12,000 Interest earnings 255 Dividend income 115 Standard deduction 12,000 Itemized deductions 14,350 Adjustments
Answers (1)
The CEO of the company you are interning for states that her number one goal for the year is to maximize the company's profit.
Answers (1)
In an example, assume a contractor submits four different proposals to four different customers in a month's time for the amount of each contract valued at $120,000, $50,000, $250,000, and $80,000.
Answers (1)
The following transactions occurred during the first year of operations for Cougar Corp. for each transaction prepare the year-end adjusting journal entry. Note: these ARE adjusting entries. a. Cougar Corp.
Answers (1)
New Questions in Business
Who controls the supply for coffe shops and beses on what factors
Answers (1)
What is an oligopoly? a. an agreement by a formal organization of producers to coordinate prices and production b. a market structure in which a few large firms dominate the market c. a market structure in which two firms have a price war d.
Answers (2)
Bradley, an employee at Symphony Inc., noticed his colleague, Adriana, stealing office supplies from the office. He placed an anonymous call to upper management to inform them about Adriana's unethical behavior.
Answers (1)
There are approximately 900,000 television households in the San Diego County market. During a Sunday afternoon in October, 50 percent of the households had their television sets turned on and 200,000 were watching a football game.
Answers (1)
Suppose Jack steals a truckload of Sony​ high-definition televisions that are owned by Electronics Store. The thief resells the televisions to​ City-Mart, which does not know that the goods were stolen.
Answers (1)
Home
»
Business
» 1. What are reserves held by banks?
Sign In
Sign Up
Forgot Password?