The term ___________________ describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds.
A. reserve ratio
B. reserve funds
C. term deposits
D. bond reserves
Answer:A
The term ___________________ describes the proportion of deposits that the bank must hold in the form of reserves that are not loaned out or invested in bonds.
A. reserve ratio B. reserve funds C. term deposits D. bond reserves
Explanation: Type: Multiple Choice