LilMissTQ4693 LilMissTQ4693
  • 03-04-2019
  • Business
contestada

When the actual reserves held by a bank exceed the legal requirement

Respuesta :

MsTeel
MsTeel MsTeel
  • 05-04-2019

This is known as "excess reserves."

Many banks will choose to loan the excess reserves out to customers and earn money from the collected interest.

Answer Link

Otras preguntas

describe 59 in two other ways
Which statement best describes the caste system? a. social and religious classes developed after Aryans settled on the Ganges plain and later incorporated into
in the number 3,333 the first 3 is in the thousands place its value is.
Round 845,001 to the nearest ten thousand
Which of the following is a correctly written compound word? A. Thirty one B. Quickly-running C. Self-evident D. Spur of the mom i think its c
round 88347 to the nearest hundred
2-3/4x=1/8x+9 with the work shown
The whole is 8. One part is 8. What is the other part? Tell how you know.
greatest common factor of 50 & 75
what is the opposite of 4.2