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What is the required reserve ratio (RRR)? A)the amount of money a bank has to loan out B)the deposits that commercial companies make in banks C)the portion of a deposit that a bank must keep on hand D)the ratio of commercial to personal loans that a bank makes
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Asked 7/26/2013 9:15:43 AM
Updated 9/21/2014 8:21:59 PM
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User: What is the required reserve ratio (RRR)? A)the amount of money a bank has to loan out B)the deposits that commercial companies make in banks C)the portion of a deposit that a bank must keep on hand D)the ratio of commercial to personal loans that a bank makes

Weegy: D)the ratio of commercial to personal loans that a bank makes
sipichapie|Points 4915|

Question
Asked 7/26/2013 9:15:43 AM
Updated 9/21/2014 8:21:59 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [9/21/2014 8:21:59 PM]
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The required reserve ratio is: The portion of a deposit that a bank must keep on hand.


Added 9/21/2014 8:21:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [9/22/2014 12:17:56 AM]
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Questions asked by the same visitor
What is one of the major problems caused by a large national debt? (1 point) It does not allow small investments by private individuals. It makes it hard for the government to carry on activities. It makes it difficult for the country to operate internationally. It decreases the amount of money available to be borrowed by businesses.
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Updated 12/22/2014 10:41:59 AM
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It decreases the amount of money available to be borrowed by businesses is one of the major problems caused by a large national debt.

Added 12/22/2014 10:41:59 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [12/22/2014 10:42:21 AM]
What causes a country to specialize in certain products? A)the interest of the citizens. B)the resources of the nation. C)the ability to trade with other nations. D)the money it can earn from producing particular products.
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Updated 4/3/2016 1:21:35 PM
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The resources of the nation causes a country to specialize in certain products.
Added 4/3/2016 1:21:35 PM
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Confirmed by Janet17 [4/3/2016 1:26:59 PM]
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