Total reserves minus vault cash equals: A) bank deposits with the Fed. B) excess reserves. C) required reserves. D) currency in circulation. | Homework.Study.com
Answer to: Total reserves minus vault cash equals: A) bank deposits with the Fed. B) excess reserves. C) required reserves. D) currency in...
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Money Creation Yellow Page Worksheet - Harper College
Note that only currency in circulation counts; vault cash or currency banks hold as reserves is not directly part of the money supply.