Bank reserves include

Name: Bank reserves include
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Bank reserves consist of the currency and deposits that commercial banks hold at their respective central banks. Vault cash and deposits with the Federal Reserve are two categories of bank reserves, making option A the best choice. Loans to bank customers and customer checking accounts are not bank reserves, and deposits with the Federal Reserve and holdings of securities refer to other types of assets that banks may hold.

Bank Reserves Include