Answer:
Reserve Requirements
By JAMES CHEN
Fact checked by MARCUS REEVES
Reviewed by KHADIJA KHARTIT on August 29, 2021
What Are Reserve Requirements?
Reserve requirements are the amount of cash that banks must have, in their vaults or at the closest Federal Reserve bank, in line with deposits made by their customers. Set by the Fed's board of governors, reserve requirements are one of the three main tools of monetary policy—the other two tools are open market operations and the discount rate.
On March 15, 2020, the Federal Reserve Board announced that reserve requirements ratios would be set to 0%, effective March 26, 2020. Prior to the change effective March 26, 2020, the reserve requirement ratios on net transactions accounts differed based on the amount of net transactions accounts at the institution.1
The Truman Doctrine is the document that promised assistance from the United States to any country threatened by European nations. President Harry S. Truman sponsored this document. It important to the United States because the U.S.<span> needed assistance for </span>Greece<span> and </span>Turkey<span> to forestall communist domination of the two nations.</span>
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did you gert it right or not
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Answer:
b.
Explanation:
Black codes were restrictive laws designed to limit the freedom of African Americans and ensure their availability as a cheap labor force after slavery.
