Bank reserves include
I. the cash in the bank's vault.
II. the bank's deposits at the Federal Reserve.
A) only I
B) only II
C) both I and II
D) neither I nor II
Correct Answer:
Verified
Q124: Reserves are
A) gold in a bank's vault
Q125: For a commercial bank, the term "reserves"
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
Q130: A commercial bank puts the funds it
Q131: Which of the following is a service
Q132: Which of the following are part of
Q133: Of the following, the riskiest assets held
Q134: Depository institutions are good at minimizing
A) the
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