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What is a reserve rate

What is a reserve rate
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What is a reserve rate

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User Mquemazz
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The reserve ratio is the portion of depositors' balances that banks must have on hand as cash. This is a requirement determined by the country's central bank, which in the United States is the Federal Reserve. The reserve ratio affects the money supply in a country at any given time.
answered
User Flavio Barros
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4 votes

Answer:

The amount of funds that banks must hold in reserves.

Step-by-step explanation:

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User TIJ
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