Multiple Choice
Which of the following statements is correct?
A) The actual reserves of a commercial bank equal its excess reserves minus its required reserves.
B) A bank's liabilities plus its net worth equal its assets.
C) When borrowers repay bank loans, the supply of money increases.
D) A single commercial bank can safely lend a multiple amount of its excess reserves.
Correct Answer:

Verified
Correct Answer:
Verified
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