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The Following Demand Deposits and Cash Reserves at the Fed

Question 48

Multiple Choice

The following demand deposits and cash reserves at the Fed have been documented by a bank for the computation of reserve requirements (in millions) . Note that reserves are vault cash and reserves at the Fed. The following demand deposits and cash reserves at the Fed have been documented by a bank for the computation of reserve requirements (in millions) . Note that reserves are vault cash and reserves at the Fed. -What are the average daily demand deposit balances over the reserve computation period beginning the week of June 12? A) $286 million. B) $296 million. C) $306 million. D) $326 million. E) $352 million.
-What are the average daily demand deposit balances over the reserve computation period beginning the week of June 12?


A) $286 million.
B) $296 million.
C) $306 million.
D) $326 million.
E) $352 million.

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