Which of the following terms is used to describe the proportion of deposits that banks are legally required to deposit with the central bank?
A. discount requirements
B. deposit requirements
C. reserve requirements
D. monetary requirements
Answer:C
Which of the following terms is used to describe the proportion of deposits that banks are legally required to deposit with the central bank?
A. discount requirements B. deposit requirements C. reserve requirements D. monetary requirements
Explanation: Type: Multiple Choice