Author Question: Reserves of member banks appear on the Fed's balance sheet as liabilities. a. True b. False ... (Read 104 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
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
Answer to Question 1

True

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

cici

  • Sr. Member
  • ****
  • Posts: 325

 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library