
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 68
Circle the letter that corresponds to the best answer. Which of these is a secondary reserve?
A) Treasury bills
B) gold
C) vault cash
D) deposits at the Federal Reserve District Bank
A) Treasury bills
B) gold
C) vault cash
D) deposits at the Federal Reserve District Bank
Explanation
Secondary reserves are the less liquid b...
Macroeconomics 11th Edition by Stephen Slavin
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