The largest single liability of the Federal Reserve Banks is their outstanding loans to commercial banks.

Name: The largest single liability of the Federal Reserve Banks is their outstanding loans to commercial banks.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

The largest single liability of the Federal Reserve Banks is typically the currency in circulation, which represents the Federal Reserve notes that are held by the public.

The Largest Single Liability of the Federal Reserve Banks Is