Ask Question
29 November, 12:40

Why does a bank sometimes hold excess reserves?

a) to keep from lending too much money

b) to be sure it can meet its customers' demands

c) to make check clearing easier

d) to protect against high prices

+5
Answers (1)
  1. 29 November, 12:59
    0
    The answer is d: to protect against high prices
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why does a bank sometimes hold excess reserves? a) to keep from lending too much money b) to be sure it can meet its customers' demands c) ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers