Multiple Choice
Which of the following is a liability of a bank and an asset of its customers?
A) deposits of its customers and loans to it customers
B) deposits of its customers but not loans to its customers
C) loans of its customers but not the deposits of its customers
D) neither the deposits of its customers nor the loans to its customers
Correct Answer:

Verified
Correct Answer:
Verified
Q4: If the reserve ratio is 12.5 percent,then
Q15: To increase the money supply,the Fed could<br>A)sell
Q16: You use U.S.currency to pay the owner
Q28: At one time,people in a certain country
Q56: The interest rate the Fed charges on
Q61: Dollar bills,rare paintings,and emerald necklaces are all<br>A)media
Q105: If the federal funds rate were below
Q125: The money supply of Granov is $10,000
Q150: M2 is both larger and less liquid
Q389: John and Jane decide to go on