Question and answer
Why does a bank sometimes hold excess reserves
Question
Asked 4/30/2013 2:02:23 PM
Updated 9/23/2014 11:40:25 PM
1 Answer/Comment
Flagged by emdjay23 [9/23/2014 11:40:24 PM]
Get an answer
Original conversation
User: Why does a bank sometimes hold excess reserves

Question
Asked 4/30/2013 2:02:23 PM
Updated 9/23/2014 11:40:25 PM
1 Answer/Comment
Flagged by emdjay23 [9/23/2014 11:40:24 PM]
New answers
Rating
3
A bank sometimes hold excess reserves: To be sure they can meet their customers' demands.

Added 9/23/2014 11:40:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/24/2014 12:27:35 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
What is it called when banks record which account gives up money and which account receives money when a customer writes a check?
Question
Expert Answered
Updated 253 days ago|1/14/2018 7:13:46 PM
1 Answer/Comment
Check clearing is when banks record which account gives up money and which account receives money when a customer writes a check.
Added 253 days ago|1/14/2018 7:13:42 PM
This answer has been confirmed as correct and helpful.
What is one service the Fed performs for the Treasury Department?
Question
Not Answered
Updated 79 days ago|7/7/2018 10:58:27 PM
1 Answer/Comment
It processes payments, such as Social Security checks is one service the Fed performs for the Treasury Department.
Added 79 days ago|7/7/2018 10:58:27 PM
This answer has been confirmed as correct and helpful.
Confirmed by Janet17 [7/8/2018 8:25:23 AM], Janet17 [7/8/2018 8:25:23 AM]
Tight money policy is _____.
Question
Expert Answered
Updated 277 days ago|12/21/2017 9:11:27 PM
1 Answer/Comment

Tight monetary policy is a course of action undertaken by the Federal Reserve to constrict spending in an economy that is seen to be growing too quickly or to curb inflation when it is rising too fast.

Added 277 days ago|12/21/2017 9:11:27 PM
This answer has been confirmed as correct and helpful.
27,377,651
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of really smart live experts.
Popular Conversations
Synonym for poor:
Weegy: A synonym is a word or phrase that means exactly or nearly the same as another word or phrase in the same ...
9/16/2018 4:15:32 PM| 2 Answers
What are the means of the following proportion? 3/15 = 12/60 ...
Weegy: The extremes of the proportion 3/15 = 12/60 are 3 and 60.
9/17/2018 12:13:43 PM| 2 Answers
What is a command staff?
Weegy: COMMAND is The act of directing and/or controlling resources by virtue of explicit legal, agency, or delegated ...
9/17/2018 5:30:24 PM| 2 Answers
The Monroe Doctrine was updated and adapted to the Roosevelt era with ...
Weegy: The Monroe Doctrine was updated and adapted to the Roosevelt era with The Roosevelt Corollary. User: Which ...
9/17/2018 8:38:36 PM| 2 Answers
S
L
Points 1310 [Total 1621] Ratings 16 Comments 1150 Invitations 0 Offline
S
R
L
R
P
R
P
R
R
R
R
Points 471 [Total 1355] Ratings 4 Comments 341 Invitations 9 Offline
S
L
R
P
R
P
R
P
R
Points 451 [Total 1226] Ratings 3 Comments 391 Invitations 3 Offline
S
L
P
P
P
Points 363 [Total 1239] Ratings 0 Comments 363 Invitations 0 Offline
S
L
R
Points 77 [Total 194] Ratings 0 Comments 77 Invitations 0 Offline
S
Points 23 [Total 23] Ratings 0 Comments 23 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
L
1
R
Points 2 [Total 1453] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.