Demand Deposits
AP Macro Unit 4 Vocab #2

Quiz
•
Social Studies
•
12th Grade
•
Medium
Rebecca Campbell
Used 45+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Anything that is owed
Anything tangible or intangible that is owned
The percent that banks must hold by law
The amount that the bank can loan out
Money deposited in a commercial bank in a checking account
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Assets
Anything that is owed
Anything tangible or intangible that is owned
The percent that banks must hold by law
The amount that the bank can loan out
Money deposited in a commercial bank in a checking account
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Required Reserves
Anything that is owed
Anything tangible or intangible that is owned
The percent that banks must hold by law
The amount that the bank can loan out
Money deposited in a commercial bank in a checking account
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Liability
Anything that is owed
Anything tangible or intangible that is owned
The percent that banks must hold by law
The amount that the bank can loan out
Money deposited in a commercial bank in a checking account
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Excess Reserves
Anything that is owed
Anything tangible or intangible that is owned
The percent that banks must hold by law
The amount that the bank can loan out
Money deposited in a commercial bank in a checking account
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Federal Funds Rate
The percent of deposits that banks must hold in reserve
The interest rate that the FED charges commercial banks
When banks hold only a small portion of deposits to cover potential withdrawals and then loans the rest of the money out
When the FED buys or sells government bonds
The interest rate that banks charge one another for one-day loans of reserves
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Fractional Reserve Banking
The percent of deposits that banks must hold in reserve
The interest rate that the FED charges commercial banks
When banks hold only a small portion of deposits to cover potential withdrawals and then loans the rest of the money out
When the FED buys or sells government bonds
The interest rate that banks charge one another for one-day loans of reserves
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