Wednesday
April 1, 2015

Homework Help: investing 2-8

Posted by Johnny on Saturday, February 21, 2009 at 11:59pm.

The reserves of commercial banks must be held against
A. the bank as equity.
B. losses.
C. savings deposits.
D. commercial loans.

This one was confusing because it says held against. I would think it would need to be held against C. savings deposits.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

investing 2-3 - Which of the following best explains why commercial banks assume...
Macroeconomics - Show the changes to the T-accounts for the Federal Reserve and ...
Finance - A new bank has vault cash of $1 million and $5 million in deposits ...
Macroeconomics - A bank has issued 4 billion in transactions deposits and 2 ...
ashworth - Commercial banks are required by law to hold reserves. These reserves...
Finance - Assume a bank has $5 million in deposits and $1 million in vault cash...
Macroeconomics - A banks total assets equal 1 billion. It's Liabilities equal 1...
Economics/Money - Suppose that banks today were required to keep 100 per cent ...
economics banking - i am looking to find factors that determine bank reserve ...
macroeconomics - can anyone help with this question? What would happen to the ...

Members