A bank holds its reserves as ________ and ________
A) securities; loans B) vault cash; deposits at the Federal Reserve
C) vault cash; loans D) securities; deposits at the Federal Reserve
B
You might also like to view...
A smart card is the equivalent of
A) cash. B) savings bonds. C) savings deposits. D) certificates of deposit.
Which of the following would impose the greatest costs to society?
a. high levels of expected inflation b. low levels of expected inflation c. variable rates of inflation d. stable rates of inflation
The real exchange rate is the nominal exchange rate, defined as foreign currency per dollar, times
a. U.S. prices minus foreign prices. b. U.S. prices divided by foreign prices. c. foreign prices divided by U.S. prices. d. None of the above is correct.
The marginal propensity to save is equal to
A) One minus the marginal propensity to consume. B) The change in savings with respect to the change in change in consumption. C) One plus the marginal propensity to consume. D) None of the above.