Question:

Economic Question-Required reserves are the amount of?

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Required reserves are the amount of

reserves a bank must hold against its deposits as mandated by the Federal Reserve.

cash a bank must hold against its deposits as mandated by the Federal Reserve.

checkable deposits a bank must hold against all other deposits as mandated by the U.S. Treasury.

reserves a bank must hold against all its assets as mandated by the Federal Reserve.

plz help thank you

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  1. b) cash a bank must hold against its deposits as mandated by the Federal Reserve.

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