13) The difference between a bank's reserves and its required reserves is A) profits B) vault...

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Question

business finance

Answer 1

Answer #1

D.Excess reserves.

The difference between a bank's reserves and its required reserves is excess reserves.

net interest income is the difference between interest earned by bank on its assets and the interest expended on its liabilities.

Vault cash is the money banks keep at the business points to meet day to day needs.

Answer 2

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