Question

select the statement that best defines required reserves. the amount banks are required by law to hold on each mortgage. the amount of reserves a bank has below the required amount. the amount of reserves banks have on hand to satisfy the demands of other competitors. the amount of reserves a bank must keep on deposit at the fed or in their vault on a given deposit.

Answer 1

The quantity of reserve banks have available to meet consumer needs. the amount that banks must legally keep on each bond.

Bond, what do you mean?

A bond is a product that has been created to represent a loan from investors to a borrowers, typically a government or business. A bond is comparable to a contract that specifies the terms of a loan and the payments that will be made both by the lender and the borrower.

How Do Bonds Work?

Bonds are a type of asset that are sold by corporations and governments to raise funds from investors. Selling bonds is therefore a way to obtain credit from the seller. The act of buying bonds is viewed as an investment by the buyer.

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