For a small bank in a large banking system, excess reserves are equal to the

A. The difference between transactions account balances and loans.
B. The amount of loans a bank can make after meeting the reserve requirement.
C. Amount of money that the U.S. Treasury makes available for loans.
D. The amount of reserves that a bank must hold equal to the loans that it makes.


Answer: B

Economics

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Each of the 15 members of the European Union that joined before May 2004 use the euro as their currency

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Economics