What is the distinction between limited reserves and ample reserves?
Limited reserves are ________, and ample reserves ________ that quantity.

Question

What is the distinction between limited reserves and ample reserves? 
 Limited reserves are ________, and ample reserves ________ that quantity.

Answer

the maximum quantity of reserves a bank is willing to hold; exceed

Answer

the minimum quantity of reserves at which a bank can function; exceed

Answer

reserves below the minimum quantity at which a bank can function; exceed

Answer

the minimum quantity of reserves at which a bank can function; double

Answer

the maximum quantity of reserves a bank is willing to hold; double

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