Total reserves are the sum of ________ and ________.
A) excess reserves;borrowed reserves
B) required reserves;currency in circulation
C) vault cash;excess reserves
D) excess reserves;required reserves
Correct Answer:
Verified
Q14: The monetary base consists of
A)currency in circulation
Q15: The government agency that oversees the banking
Q16: Both _ and _ are monetary liabilities
Q17: Suppose that from a new checkable deposit,First
Q18: The percentage of deposits that banks must
Q20: Suppose that from a new checkable deposit,First
Q21: Suppose that from a new checkable deposit,First
Q22: Suppose that from a new checkable deposit,First
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