What are excess reserves?

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asked May 11, 2020 234k views

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What are excess reserves?

Social Studies
middle-school

Wevah asked

by Wevah

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Answer:

Excess reserves are capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors or internal controls.Explanation:

Prya answered May 18, 2020

by Prya

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