As of July 2006, which of the following was true?
A) Bank deposit accounts with the Fed > vault cash > excess reserves
B) Excess reserves > vault cash > bank deposits with the Fed
C) Vault cash > bank deposits with the Fed > excess reserves
D) Bank deposit accounts with the Fed > excess reserves > vault cash
Correct Answer:
Verified
Q6: What do we need to add to
Q7: Most of the reserves of the banking
Q8: Reserves equal
A)deposits with the Fed plus holdings
Q9: The Japanese central bank is known as
A)the
Q10: As of July 2006, the value of
Q12: Which of the following is a liability
Q13: The monetary base is equal to
A)all currency
Q14: The currency of the United States is
Q15: Reserve deposits are
A)assets for financial institutions, but
Q16: Which of the following is a liability
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