A bank is legally required to keep a certain fraction of its Blank 1 as Blank 2. These are called Blank 3

Question

Blank 1
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Blank 2
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Blank 3
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Question 41
Question 41

Answer 1

Sure! Here's the completed statement with the appropriate terms:

A bank is legally required to keep a certain fraction of its deposits as reserves. These are called reserve requirements.

So the answers are:

• Blank 1: deposits
• Blank 2: reserves
• Blank 3: reserve requirements