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The Table Shows Items and ?Gures Taken from a Consolidated

Question 251

Multiple Choice

 Item in Balance Sheet  Amount  1)  Treasury Deposits $7 2)  Reserves of Commercial Banks 31 3)  Federal Reserve Notes 275 4)  Loans to Commercial Banks 1 5)  All Other Assets 64 6)  Securities 255 7)  All Other Liabilities and Net Worth 7\begin{array} { | l | c | } \hline { \text { Item in Balance Sheet } } & \text { Amount } \\\hline \text { 1) Treasury Deposits } & \$ 7 \\\hline \text { 2) Reserves of Commercial Banks } & 31 \\\hline \text { 3) Federal Reserve Notes } & 275 \\\hline \text { 4) Loans to Commercial Banks } & 1 \\\hline \text { 5) All Other Assets } & 64 \\\hline \text { 6) Securities } & 255 \\\hline \text { 7) All Other Liabilities and Net Worth } & 7 \\\hline\end{array} The table shows items and ?gures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All ?gures are in billions of dollars. In this balance sheet, there would be assets of


A) $246 billion.
B) $313 billion.
C) $320 billion.
D) $387 billion.

Correct Answer:

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