Which of the following is a liability on the balance sheet of the Reserve Bank?
A) Australian government securities
B) Loans to authorised deposit- taking institutions
C) Reserve Bank notes
D) None of the above is correct because they are all assets of the Reserve Bank.
Correct Answer:
Verified
Q48: The opportunity cost of holding money balances
Q49: Money is
A)equivalent to barter.
B)a means of payment.
C)currency
Q50: If an economy has no money, then
Q51: Modern Australian commercial banks perform all of
Q52: If an economy tried to use bananas
Q54: Which of the following is NOT included
Q55: Which of the following is an asset
Q56: The quantity of real money demanded is
A)negatively
Q57: Suppose a bank has a desired reserve
Q58: ![]()
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