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Author Question: A commercial bank's reserves are equal to the amount of A) the bank's loans. B) only the ... (Read 133 times)

tatyanajohnson

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on: Jun 29, 2018
A commercial bank's reserves are equal to the amount of
 
  A) the bank's loans.
  B) only the currency in its vault.
  C) currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank.
  D) the bank's deposits.
  E) the bank's government securities.

Question 2

The security provided by the federal government on money in banks is called
 
  A) deposit insurance. B) a hedge fund. C) Social Security. D) investment equity.


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ally

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


tatyanajohnson

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  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent

Kedrick2014

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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