For a commercial bank, the term "reserves" refers to
A) a banker's concern ("reservation") in making loans to an individual without a job.
B) the profit that the bank retains at the end of the year.
C) the cash in its vaults and its deposits at the Federal Reserve.
D) the net interest that it earns on loans.
Correct Answer:
Verified
Q120: The fact that money can be exchanged
Q121: Which of the following functions are performed
Q122: Depository institutions undertake all the following activities
Q123: Which of the following is NOT an
Q124: Reserves are
A) gold in a bank's vault
Q126: Depository institution create liquidity when they
A) buy
Q127: Depository institutions do all of the following
Q128: Which of the following allow banks to
Q129: Bank reserves include
I. the cash in the
Q130: A commercial bank puts the funds it
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