Question: True or false: True or False Question; 1 ) The reserve ratio determines the interest rate that customers receive for depositing money in a bank

True or false: True or False Question;1) The reserve ratio determines the interest rate that customers receive for depositing money in a bank.2)excess reserves = actual reserves - required reserves 3)Reserve ratio= required reserves/deposits4)The primary reason why the Federal Reseve requires commercial banks to keep a specified amount of reserves is to decrease bank leverages5) Excess reserves are reserves held above what is required by the reserve ratio6) In the Canada, the reserve ratio is set by provincial government

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