Demand deposits are:
A) assets of banks, liabilities of depositors.
B) liabilities of banks, assets of depositors.
C) assets of banks and their depositors.
D) liabilities of banks and their depositors.
Correct Answer:
Verified
Q80: An important effect of fractional reserve banking
Q81: If a bank had demand deposits of
Q82: Exhibit 17-1
A bank's assets consist of $500,000
Q83: If a bank had demand deposits of
Q84: Say the required reserve ratio is 10
Q86: U.S. government bonds held by commercial banks
Q87: Which of the following observations concerning money
Q88: Exhibit 17-2
A bank's assets consist of $1,000,000
Q89: If a bank had demand deposits of
Q90: Exhibit 17-1
A bank's assets consist of $500,000
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