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The Fed decides the percentage of __________ that banks are required to hold as reserves. A. loans B. deposits C. mortgages D. interest
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Jul 13, 2016
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The Fed decides the percentage of __________ that banks are required to hold as reserves.
A.
loans
B.
deposits
C.
mortgages
D.
interest
Business
high-school
Zoomba
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ANswer:
B on Enginuity :)
Step-by-step explanation:
TimG
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Jul 15, 2016
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TimG
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The Fed decides the percentage of deposits that banks are required to hold as reserves. This came about after the Great Depression, when a "run on the banks" left many banks with no money left to give their investors.
Jon Stafford
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Jul 20, 2016
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