WONDER #1837: How Much Money Can a Bank Hold?

Question 1 of 3

The minimum amount of money a bank must keep on hand in case depositors wish to withdraw money is known as the what?

1. reserve requirement
2. cash flow
3. savings account
4. microeconomics

Question 2 of 3

In the United States, the reserve requirement for banks with transaction accounts totaling between $15.2 million and $110.2 million is what?

1. 100%
2. 3%
3. 10%
4. 50%

Question 3 of 3

The reserve requirement in the United States is set by the Board of Governors of the what?

1. Federal Entertainment Coalition
2. White House
3. Army
4. Federal Reserve System

Check your answers online at https://www.wonderopolis.org/wonder/How-Much-Money-Can-a-Bank-Hold.