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    Principles of Money Banking
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    Exam 20: Understanding Movements in Bank Reserves
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    Immediately After Being Collected, Taxes Are Deposited in
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Immediately After Being Collected, Taxes Are Deposited in

Question 27

Question 27

Multiple Choice

Immediately after being collected, taxes are deposited in


A) tax and loan accounts.
B) the Federal Reserve Bank of New York.
C) Federal Reserve district banks around the country.
D) the Congressional Vault.

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