Ask Question
6 August, 15:47

The Chairman of the Federal Reserve & the Federal Open Market Committee determine the percentage of a deposit which must be kept by the bank. What is the term for this percentage?

A. Required Deposit Percentage

B. Required Reserve Ratio

C. Required Deposit Reserve

+3
Answers (1)
  1. 6 August, 19:41
    0
    I think your answer should be B
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The Chairman of the Federal Reserve & the Federal Open Market Committee determine the percentage of a deposit which must be kept by the ...” in 📙 Computers & Technology 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