Vault cash is:
A) Equal to the total amount of reserves and is an asset of the central bank
B) Not reserves but is a liability of the central bank
C) A part of reserves and an asset of commercial banks
D) Not reserves but is an asset of central banks
Correct Answer:
Verified
Q21: When the Federal Reserve purchases a U.S.Treasury
Q22: When a business purchases a $25,000 computer
Q23: Vault cash is not included in the
Q24: Most responsible central banks publish their balance
Q25: A central bank's purchase of securities made
Q27: The monetary base is also known as:
A)M1
B)M2
C)High-powered
Q28: The experience of the Marcos Presidency in
Q29: Considering a central bank's balance sheet, when
Q30: When a business purchases a $50,000 computer
Q31: In dollar amounts:
A)The monetary base is larger
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