The amount of nonborrowed reserves equals
A. the monetary base plus the amount of discount loans.
B. the amount of reserves plus the amount of discount loans.
C. the amount of reserves minus the sum of the amount of discount loans and currency.
D. the monetary base minus the sum of the amount of discount loans and currency.
Answer: D
You might also like to view...
Dividends in arrears are forfeited when a corporation calls in its preferred stock
Indicate whether the statement is true or false
In some states, preemptive rights do not apply to:
A) the reissue of previously issued shares. B) shares issued for noncash consideration. C) shares issued in connection with a merger. D) All of these are correct.
Enterprise systems integrate an organization's business processes and information from all of an organization's functional areas.
Answer the following statement true (T) or false (F)
The letter ? would be used to represent (a) _______.
a.Population parameter b.Sample statistic c.Inferential data d.Outliers