Multiple Choice
A bankʹs reserves include
A) its common stock holdings, the cash in its vault, and any deposits at a Federal Reserve bank.
B) the cash in its vault plus its deposits held at a Federal Reserve bank.
C) the cash in its vault plus any gold held for the bank at Fort Knox.
D) the cash in its vault plus the value of its depositorsʹ accounts.
Correct Answer:
Verified
Correct Answer:
Verified
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