Ask Question

Why does the federal reserve require banks to keep a minimum deposit with a federal reserve bank?

+1
Answers (1)
  1. 12 May, 09:46
    0
    To make sure that banks will always have enough money available to meet the demand for withdrawal this way the bank has enough money to circulate through the government and the bank.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why does the federal reserve require banks to keep a minimum deposit with a federal reserve bank? ...” in 📗 Social Studies 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