As of July 2010,which of the following was true?
A) deposits of foreign governments and international organizations > bank reserves > currency in circulation
B) currency in circulation > bank reserves > deposits of foreign governments and international organizations
C) bank reserves > currency in circulation > deposits of foreign government and international organizations
D) currency in circulation > deposits of foreign governments and international organizations > bank reserves
Correct Answer:
Verified
Q2: The percentage of deposits that banks must
Q5: As of July 2010,the value of currency
Q8: What is the most direct method the
Q8: Reserves equal
A)deposits with the Fed plus holdings
Q10: In July 2010,the largest liability of the
Q13: Which of the following is a liability
Q15: Which of the following is a liability
Q28: When the Fed extends loans to depository
Q31: The primary assets of the Fed are
A)discount
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