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Author Question: Reserves of member banks appear on the Fed's balance sheet as liabilities. a. True b. False ... (Read 87 times)

dmcintosh

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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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

True


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dmcintosh

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Reply #2 on: Jun 30, 2018
Thank you :)


cici

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Reply #3 on: Jun 30, 2018
Happy to help you


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