Why did reserve deposits increase to the point that this account represented the largest liability account on

Question:

Why did reserve deposits increase to the point that this account represented the largest liability account on the Federal Reserve’s in the late 2000s?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...