Multiple Choice
Excess reserves are important to a banker because
A) if they are not maintained,banking regulators may shut the bank down.
B) they are the profits that are divided among the bank's owners.
C) they represent the funds available to use to acquire income-producing assets such as loans and securities.
D) they indicate profitable banking practices.
E) they are typically deposited in special high-yielding investment accounts.
Correct Answer:

Verified
Correct Answer:
Verified
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