Difference between revisions of "Reserves"

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(Created page with "Reserves are funds that a bank keeps on hand and that are not loaned out or invested in bonds. ==Definition== According to Principles of Economics by Timothy Taylor (3r...")
 
 
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
:[[Reserves]]. Funds that a bank keeps on hand and that are not loaned out or invested in bonds.
 
:[[Reserves]]. Funds that a bank keeps on hand and that are not loaned out or invested in bonds.
 
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According to [[Macroeconomics by Mankiw (7th edition)]],
 +
:[[Reserves]]. The money that banks have received from depositors but have not used to make loans.
  
 
[[Category: Economics]][[Category: Articles]]
 
[[Category: Economics]][[Category: Articles]]

Latest revision as of 19:14, 2 July 2020

Reserves are funds that a bank keeps on hand and that are not loaned out or invested in bonds.

Definition

According to Principles of Economics by Timothy Taylor (3rd edition),

Reserves. Funds that a bank keeps on hand and that are not loaned out or invested in bonds.

According to Macroeconomics by Mankiw (7th edition),

Reserves. The money that banks have received from depositors but have not used to make loans.