Question: 1. Under a ? reserve system, banks must keep a portion of their ? in their vault. 2. The reserve ? is the percentage of

1. Under a ? reserve system, banks must keep a portion of their ? in their vault. 2. The reserve ? is the percentage of every deposit that must be set aside as ? reserves. 3. A ? bank reserve is the deposit kept by member banks at the ? to satisfy reserve requirements. 4. The ? reserves are the amount of cash, currency, and reserves a bank has that are not needed for ? requirements

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