Ask Question
27 April, 01:19

The Chairman of the Federal Reserve & the Federal Open Market Committee determine the percentage of a deposit which must be kept by the bank. What is the term for this percentage?

A. Required Deposit Percentage

B. Required Reserve Ratio

C. Required Deposit Reserve

+3
Answers (1)
  1. 27 April, 01:26
    0
    I think your answer should be B
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Chairman of the Federal Reserve & the Federal Open Market Committee determine the percentage of a deposit which must be kept by the ...” in 📘 Computers and Technology if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers