Vault cash is:
A. a part of reserves and an asset of commercial banks.
B. not reserves but is a liability of the central bank.
C. equal to the total amount of reserves and is an asset of the central bank.
D. not reserves but is an asset of central banks.
Answer: A
Economics
You might also like to view...
When the price level rises there is a ________ the aggregate demand curve
A) movement down along B) rotation of C) rightward shift of D) leftward shift of E) movement up along
Economics
Figure 10-5
In Figure 10-5, which graph best illustrates the situation of an economy near full employment that experiences an increase in autonomous consumer spending?
A. (1) B. (2) C. (3) D. (4)
Economics