Vault cash is not included in the central bank's liability category of currency because:
A) Only non-bank currency is in the liability category of currency
B) Vault cash really is only electronic funds
C) Vault cash is in the asset category of reserves
D) It is the liability of the U.S.Treasury
Correct Answer:
Verified
Q18: In the U.S., loans made by Federal
Q19: For the Federal Reserve's balance sheet, the
Q20: Gold is:
A)The most important asset on the
Q21: When the Federal Reserve purchases a U.S.Treasury
Q22: When a business purchases a $25,000 computer
Q24: Most responsible central banks publish their balance
Q25: A central bank's purchase of securities made
Q26: Vault cash is:
A)Equal to the total amount
Q27: The monetary base is also known as:
A)M1
B)M2
C)High-powered
Q28: The experience of the Marcos Presidency in
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