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U.S. Treasury Bills Are A(n)

Question 203

Multiple Choice

U.S. Treasury bills are a(n) :


A) liability of the U.S. government but an asset to the Federal Reserve.
B) asset of the U.S. government but a liability to the Federal Reserve.
C) part of the net worth of the U.S. government.
D) liability to both the U.S. government and the Federal Reserve.

Correct Answer:

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