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bank reserves

Do reserves include all assets?

REserves at Fed
Cash in ATMs
Government Securities
Loans
Total deposits...liabilities?

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Defined by the Macroeconomics text book, bank reserves is the "money" that banks use to conduct day-to-day business, including cashing checks, satisfying customers's withdrawals, and clearing checks between accounts at ...

Solution Summary

Define bank reserves.

$2.19