The balance sheet for a commercial bank shows the bank's
a. required reserves as assets and excess reserves as liabilities
b. loans as assets and required reserves as liabilities
c. loans as assets and demand deposits as liabilities
d. demand deposits as assets and loans as liabilities
e. excess reserves as assets and required reserves as liabilities
C
You might also like to view...
Answer the following statement(s) true (T) or false (F)
1. In the United States, tradeable effluent markets are far less common than they are in other countries. 2. A watershed refers to a hydrologically defined land area that drains into a specific water body. 3. The use of watershed-based NPDES permits allows for permitting multiple point sources within a single watershed. 4. According to the textbook application, efforts to restore the Chesapeake Bay have been markedly successful. 5. The presidential Executive Order that is dedicated to the restoration of the Chesapeake Bay proposes a strictly command-and-control approach to restore and protect this natural resource.
Economists generally agree on the role the government should play in promoting productivity and economic growth
a. True b. False Indicate whether the statement is true or false
Suppose a consumer buy books and DVDs. The price of a book is $10, the price of a DVD is $20 and the consumer's income is $400. If books are measured on the vertical axis and DVDs are measured on the horizontal axis, then the slope of the budget line is
A. 2. B. -2. C. 1/2. D. -1/2.
Under current tax laws, individuals do not pay taxes on health insurance benefits they receive from their employers. As a result
A) the federal government spends more than it receives in tax revenue. B) individuals are encouraged to want generous health coverage that reduces their incentives to cut costs. C) the quality of health care provided is less than it would be if benefits were taxed. D) politicians are encouraged to raise income and payroll taxes.