Cash and similar assets held to meet depositor withdrawals or payments are called
A) deposits.
B) bank reserves.
C) chequing accounts.
D) money.
E) bank liabilities.
Correct Answer:
Verified
Q33: The desired reserve-deposit ratio is equal
A) 10%
Q34: In Econland,all $5,000,000 in currency is held
Q35: The M2 measure of money consists of
Q36: In Econland,all $15,000,000 in currency is held
Q37: The M2 measure of money consists of
Q39: Fiat money refers to
A) a one-dollar coin.
B)
Q40: Money eliminates the need for a double
Q41: If banks' desired reserve ratio increases from
Q42: Commercial banks create new money
A) by printing
Q43: When the actual reserve-deposit ratio is less
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