Liabilities of banks include:
A) reserves.
B) currency in the hands of the public.
C) loans to customers.
D) demand deposits.

Name: Liabilities of banks include: A) reserves. B) currency in the hands of the public. C) loans to customers. D) demand deposits.
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Question

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Liabilities of banks include demand deposits because these are amounts the bank owes to its depositors. Reserves and loans to customers are considered assets for a bank, and currency in the hands of the public is not directly a liability of banks.

Liabilities of Banks Include