The Fed's largest liability is
A)currency outstanding.
B)securities.
C)reserve accounts of member banks.
D)U.S. Treasury deposits.

Name: The Fed's largest liability is A)currency outstanding. B)securities. C)reserve accounts of member banks. D)U.S. Treasury deposits.
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Question

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Currency outstanding is the largest liability on the Federal Reserve's balance sheet. This includes all the Federal Reserve notes (paper money) that are in circulation.

The Fed's Largest Liability Is