The trend in excess bank reserves in the US is:
A.
Banks historically kept a minimum amount of excess reserves butthen started piling up excess reserves after the 2008 financialcrisis
B.
Historically, excess bank reserves is closely tied to how fastthe economy is growing and they share a similar trend as GDP
C.
Historically, excess reserves are closely tied to the interestrates and increase as the interest rates fall
D.
Banks historically kepts a cushion of excess reserves but thenin the 2008 crisis this wiped those out and now they keep muchlower levels of excess reserves
The trend in excess bank reserves in the US is: A. Banks historically kept a minimum amount of excess reserves but then
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