Multiple Choice
The primary source of earnings of commercial banks is income derived from
A) the checking account services provided to customers.
B) the use of deposits to extend loans and undertake investments.
C) vault cash and deposits held with the Fed.
D) services provided to the U.S. Treasury.
Correct Answer:

Verified
Correct Answer:
Verified
Q177: If the public decides to hold less
Q178: Compared to a barter economy, using money
Q179: Suppose Laqueta deposits $10,000 of cash into
Q180: Which of the following lists two things
Q181: If the Fed wanted to expand the
Q183: Are outstanding credit card balances counted as
Q184: Suppose the Fed buys $100,000 of U.S.
Q185: If the Fed wanted to shift to
Q186: The foreign holdings of U.S. dollars<br>A) are
Q187: Open-market purchases by the Fed make the