Which of the following is part of a commercial bank's reserves?
I. Cash in the bank's vaults
II. Loans
III. Cash in current accounts
A) I only
B) I and II
C) I and III
D) I, II and III
Correct Answer:
Verified
Q89: Barter is an inefficient means of exchange
Q90: The fact that using money avoids the
Q91: Q92: Which of the following is NOT part Q93: Which of the following is NOT money? Q95: The demand for nominal money Q96: Which of the following does NOT describe Q97: The money multiplier is Q98: When real GDP increases, people demand Q446: The quantity theory of money asserts that
A)A
A)increases as the
A)the amount by which
A)the same
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents