Reserves of member banks appear on the Fed's balance sheet as liabilities. a. True b. False ...

Author Question: Reserves of member banks appear on the Fed's balance sheet as liabilities. a. True b. False ... (Read 48 times)

dmcintosh

Hero Member
Posts: 517

on: Jun 30, 2018

Reserves of member banks appear on the Fed's balance sheet as liabilities.
a. True
b. False
Indicate whether the statement is true or false

Question 2

As discussed in the text, a bank can extend new loans equal to the amount by which its excess reserves increase.
a. True
b. False
Indicate whether the statement is true or false

cici

Sr. Member
Posts: 325

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

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dmcintosh

Hero Member
Posts: 517

Reply #2 on: Jun 30, 2018

Thank you

cici

Sr. Member
Posts: 325

Reply #3 on: Jun 30, 2018

Happy to help you

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