Economic-What is Reserves?-thank you?

Question

Reserves are

equal to required reserves plus excess reserves.

equal to vault cash plus bank deposits at the Federal Reserve.

an asset to banks.

both b and c

all of the above

Answer 1

only a very small fraction of outstanding loans, usually less than 10%. reason a run on a bank is so fatal, :(

Answer 2

e) all of the above - these all describes rserves differently.