Assets that can be quickly turned into cash but are not part of reserve assets are called what?

Select one:

Reserve requirements

Secondary or buffer reserves

Transaction accounts

Cash reserves

What happens if, at the end of a business day, a depository institutions required reserve assets fall below the Federal Reserve daily reserve requirements?

Select one:

The depository institution must examine the costs and benefits of repeating this action again.

The depository institution must borrow in the interbank market to make up the shortfall.

The depository institution must build up reserves to meet the regulatory target.

The depository institution must hold a surplus amount in reserves for a subsequent two-week period.