Get Started
979

Q: The reserves of a commercial bank consist of

  • 1
    the bank's net worth
  • 2
    the amount of money market funds it holds
  • 3
    government securities that the bank holds
  • 4
    deposits at the Federal Reserve Bank and vault cash
  • Show Answer
  • Workspace

Answer : 4. "deposits at the Federal Reserve Bank and vault cash"
Explanation :

Answer: D) deposits at the Federal Reserve Bank and vault cash Explanation:

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today