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 100 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

Need homework help now?

Ask unlimited questions for free

Ask a Question

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

« previous next »

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Cyanide works by making the human body unable to use oxygen.