Social Sciences, asked by kanishBeh, 5 months ago

How do people hold money with banks?

Answers

Answered by Anonymous

4

Answer:

The Federal Reserve requires depository institutions (commercial banks and other financial institutions) to hold as reserves a fraction of specified deposit liabilities. Depository institutions hold these reserves as cash in their vaults or Automatic Teller Machines (ATMs) and as deposits at Federal Reserve banks.

Hope it helps you..

Explanation:

Answered by hakeemmohmmed04

0

Answer:

so sorry for not giving answer

Explanation:

because I don't know about this

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