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In the United States, Where Do Depository Institutions Hold Their

Question 350

Multiple Choice

In the United States, where do depository institutions hold their reserves?


A) in their own vaults in the form of precious metals such as gold and silver
B) in accounts with the U.S. Department of the Treasury
C) either as vault cash or on reserve with Federal Reserve district banks
D) All reserves must be held at a Federal Reserve district bank.

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