Question

The demand curve for these entities becomes nearly horizontal near the equilibrium of the floor model, unlike in the corridor model. The demand curve for these entities is a downward-sloping logistic curve with bounds of i-sub-r and i-sub-b, which intersects their vertical supply curve. A simple expression for the money multiplier is the reciprocal of a ratio named for these entities, whose excess sometimes has a negative interest rate to encourage lending. (-5[1])(*) Open market operations traditionally (-5[1])change the quantity of these (-5[1])entities, which is often graphed against the interest rate. A minimum requirement for the size of these entities, often expressed as a percentage of liabilities, forms a system named for their “fractional” variety. For 10 points, name these deposits (10[1])made by banks to the central bank. ■END■ (10[3])

ANSWER: bank reserves [accept cash reserves; do not accept or prompt on “The Federal Reserve” or “The Fed”]
<Benjamin McAvoy-Bickford, Social Science>
= Average correct buzz position

Back to tossups

Buzzes

PlayerTeamOpponentBuzz PositionValue
Andrei HuiSortedLimp Chriskit71-5
Ved MuthusamyOxford School for QuiznessSee it75-5
Albery NyangLSEGressenheller A80-5
Michael Mays3HK1MMSay it11910
Sam MooreGressenheller ALSE12710
Seraphina CharlotteSee itOxford School for Quizness12710
Oscar O'FlanaganLimp ChriskitSorted12710

Summary

2024 Penn Bowl Florida10/26/2024Y250%0%50%127.00
2024 Penn Bowl Harvard10/26/2024Y450%0%100%127.00
2024 Penn Bowl UK10/26/2024Y4100%0%75%125.00
2024 Penn Bowl UNC10/26/2024Y367%67%33%64.50