Register
What is a reserve rate
56.7k views
3 votes
What is a reserve rate

User Mquemazz
by
7.6k points

2 Answers

1 vote
The reserve ratio is the portion of depositors' balances that banks must have on hand as cash. This is a requirement determined by the country's central bank, which in the United States is the Federal Reserve. The reserve ratio affects the money supply in a country at any given time.
User Flavio Barros
by
7.6k points
4 votes

Answer:

The amount of funds that banks must hold in reserves.

Step-by-step explanation:

User TIJ
by
8.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What negative impact might a major storm have on a barrier island?
A die is rolled. the set of equally likely outcomes is​ {1,2,3,4,5,6}. find the probability of getting a 6.
What happens after the Penn Foster online course? HELLLLLPPPPP
How do sliding wheels on snow or ice affect a drivers ability to control the vehicle
Who is the current president of Zambia?
Link Copied!