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The Fed requires that all of its member banks hold funds called reserves, equal to a stated percentage of the deposits held by their customers.
The Fed requires that all of its member banks hold funds called "reserves," equal to a stated percentage of the deposits held by their customers. This percentage is called the reserve requirement. O True O False
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Applied Business Ethics A Skills-Based Approach
Authors: Dean Bredeson
1st edition
538453982, 978-1133419068, 1133419062, 978-0538453981
