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  3. Study Set
    Financial Markets and Institutions Study Set 5
  4. Exam
    Exam 4: The Federal Reserve System, monetary Policy, and Interest Rates
  5. Question
    The Major Asset of the Federal Reserve Is
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The Major Asset of the Federal Reserve Is

Question 41

Question 41

Multiple Choice

The major asset of the Federal Reserve is


A) U.S. Treasury securities.
B) depository institution reserves.
C) currency outside banks.
D) vault cash of commercial banks.
E) gold and foreign exchange.

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