Asked by Kyndal Hampton on Apr 30, 2024
Verified
When banks are short on their reserves,they can either borrow from the ____ or from the _____.
Borrow
The act of getting something from someone with the intention of returning it or its equivalent.
Reserves
Funds or assets set aside by individuals, institutions, or governments to meet future liabilities, emergencies, or regulatory requirements.
- Absorb the principles governing the operation of banks, especially concerning reserve obligations.
- Delineate the construction and functions of the Federal Reserve System.
Verified Answer
AH
Learning Objectives
- Absorb the principles governing the operation of banks, especially concerning reserve obligations.
- Delineate the construction and functions of the Federal Reserve System.
Related questions
Control of the Federal Reserve Is Held by the _________
An Individual Bank Can Create Deposits to the Extent of ...
The Federal Reserve District Bank Charged with Buying and Selling ...
Our Currency Is Issued by the _______________
Kansas City,Minneapolis,St.Louis,and Atlanta Are All Locations of ______ Banks