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    Principles of Money Banking
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    Exam 20: Understanding Movements in Bank Reserves
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    Federal Reserve Credit Is Equal to Bank Borrowing Plus U
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Federal Reserve Credit Is Equal to Bank Borrowing Plus U

Question 23

Question 23

Multiple Choice

Federal Reserve credit is equal to bank borrowing plus U.S. government security holdings plus


A) currency outstanding.
B) capital accounts.
C) float.
D) bank reserves.

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