Question

The Fed decides the percentage of __________ that banks are required to hold as reserves.
A.
loans
B.
deposits
C.
mortgages
D.
interest

Answer 1

The Fed decides the percentage of deposits that banks are required to hold as reserves. This came about after the Great Depression, when a "run on the banks" left many banks with no money left to give their investors. 

Answer 2

ANswer:

B on Enginuity :)

Explanation: