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Author Question: Which of the following compose the reserves of a commercial bank? a. checkable deposits and time ... (Read 98 times)

biggirl4568

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Which of the following compose the reserves of a commercial bank?
 a. checkable deposits and time deposits
  b. vault cash and deposits of the bank with the Federal Reserve
  c. U.S. securities and stock equity
  d. cash and U.S. securities

Question 2

Which of the following is not a characteristic of less-developed countries?
 a. High rates of illiteracy.
  b. High unemployment.
  c. Over half of the labor force in agriculture.
  d. Low savings and investment rates.
  e. Low infant mortality rates.



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scikid

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Answer to Question 1

b

Answer to Question 2

e




scikid

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