Author Question: Cash equivalents are: A) assets that do not attract interest, and hence generate no additional ... (Read 85 times)

mmm

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Cash equivalents are:
 
  A) assets that do not attract interest, and hence generate no additional revenue.
  B) a part of a bank's liability.
  C) the amount of deposits held by the public in a particular bank.
  D) riskless, liquid assets that banks can immediately access.

Question 2

Which of the following institutions has the responsibility for producing the coins that are distributed in the United States?
 
  A) the U.S. Treasury Department B) the U.S. Mint
  C) the Office of the Comptroller of the Currency D) the Federal Reserve System



Kedrick2014

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Answer to Question 1

D

Answer to Question 2

A



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