contestada

Which of the following is the purpose of requiring banks to keep a specific percentage of their deposits on hand in the vault? A. To enable the government to calculate the bank's tax burden more easily B. To make sure customers' demands for withdrawals can be met instantly C. To ensure that banks have enough money to loan to potential customers D. To prevent growth of the money supply from stagnating

2b2t

Respuesta :

Answer:

A. To enable the government to calculate the bank's tax burden more easily

Explanation:

hope this helps

Parrain

The reason that the central bank requires this of banks is  B. To make sure customers' demands for withdrawals can be met instantly

The Reserve Requirement:

  • Is a percentage of bank deposits that the central bank requires banks to hold onto
  • Is done by central banks to ensure that in the event that customers start to withdraw a lot of their money, banks will be able to allow this

Banks give out loans to people based on deposits that they have. If they give out too many loans, people won't be able to access their money because the loanee would not be able to pay back quickly.

Holding a percentage of money ensures that people can still access some money even if banks give out loans.

Find out more at https://brainly.com/question/9652567.

Otras preguntas