Vault cash, mortgage loans, and checking deposits are assets of a bank.
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Q18: Credit cards perform the same functions as
Q19: Checking accounts perform the same functions as
Q20: A money market deposit account pays a
Q21: Although a bank may allow you to
Q22: With interest compounding, a bank pays interest
Q24: By law, all banks are required to
Q25: Concerning a bank, its required reserves equal
Q26: To find the maximum amount of money
Q27: The money multiplier equals 1 + required
Q28: The Comptroller of the Currency insures savings
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