A commercial bank's reserves are
A) bonds issued by the U.S. government that are very safe.
B) the provision of funds to businesses and individuals.
C) currency in its vault plus the balance on its reserve account at a Federal Reserve Bank.
D) savings and time deposits.
E) its loans.
C
Economics
You might also like to view...
During periods of poor economic performance, real GDP
A) declines and unemployment declines. B) is unchanged but unemployment rises sharply. C) declines and unemployment rises. D) declines but unemployment typically does not change.
Economics
A monopolist can sell 10 wangdoodles if he charges $10 per wangdoodle and 11 wangdoodles if he charges $9 . The MR from selling the 11th wangdoodle is
a. ?$1. b. $1. c. $9. d. $99.
Economics