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Refer to the Following Table When Answering
Table 10

Question 1

Multiple Choice

Refer to the following table when answering
Table 10.2: Hypothetical Bank Sheet ($ millions)
 Column A  Column B  Loans $6,800 Deposits $7,500 Investments 3,700 Short Term Debt 300 Cash &  Reserves 1,100 long Term Debt 1,800\begin{array}{lr|lr}{\text { Column A }} &&{\text { Column B }} \\\hline \text { Loans } & \$ 6,800 & \text { Deposits } & \$ 7,500 \\\text { Investments }&3,700 & \text { Short Term Debt } & 300 \\\begin{array}{l}\text { Cash \& } \\\text { Reserves }\end{array} &1,100 & \text { long Term Debt } &1,800 \\\hline\end{array}
-Given the information in Table 10.2, this bank's liabilities are equal to:


A) $9,600
B) $11,600
C) -$2,000
D) $700
E) $3,400

Correct Answer:

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