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The Balance Sheet for a Commercial Bank Shows the Bank's

Question 27

Multiple Choice

The balance sheet for a commercial bank shows the bank's:


A) required reserves as assets and excess reserves as liabilities.
B) loans as assets and required reserves as liabilities.
C) loans as assets and checkable deposits as liabilities.
D) checkable deposits as assets and loans as liabilities.
E) excess reserves as assets and required reserves as liabilities.

Correct Answer:

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