Asked by Kyndal Hampton on Apr 30, 2024

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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.
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AH
Ayumi HumphriesMay 05, 2024
Final Answer :
Federal Reserve (discount window);federal funds market