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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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3 votes
The Fed decides the percentage of __________ that banks are required to hold as reserves.

A.
loans
B.
deposits
C.
mortgages
D.
interest

User Zoomba
by
6.7k points

2 Answers

0 votes

ANswer:

B on Enginuity :)

Step-by-step explanation:

User TimG
by
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3 votes
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. 
User Jon Stafford
by
6.1k points
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