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The Reserves of a Bank

Question 62

Multiple Choice
The reserves of a bank:
A)are usually a small proportion of the bank's deposits.
B)include funds held at the Reserve Bank of Australia.
C)comprise vault cash.
D)All of these are correct.

The reserves of a bank:


A) are usually a small proportion of the bank's deposits.
B) include funds held at the Reserve Bank of Australia.
C) comprise vault cash.
D) All of these are correct.

Correct Answer:

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