Test: AP Macroeconomics

1. What is a reserve requirement?
A medium of exchange.
A value threshold after which a nonperforming loan becomes a concern to a bank or other financial institution.
The percentage of cash that must be held by the bank and not loaned out or used to invest.
The amount of money that a bank donates to favorable politicians.
the ability to easily turn an asset into cash.

1/10 questions

0%
Learning Tools by Varsity Tutors