What is the name of the account in which many central banks require th
What is the name of the account in which many central banks require their banks to hold a percentage of the deposits as reserves at the central bank?
A) retained earnings
B) excess reserves
C) margin account
D) required reserves
ANSWER
Answer: D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.