Federal funds include deposits kept with the Federal Reserve banks and:
A) Vault cash held by banks and thrift institutions
B) Demand deposits held by the public
C) Deposits banks kept with correspondent banks across the nation
D) Balances security purchasers kept with brokers
E) None of the above

Question

Quizplus · Accepted Answer

The Answer of Federal funds include deposits kept with the Federal Reserve banks and:
A) Vault cash held by banks and thrift institutions
B) Demand deposits held by the public
C) Deposits banks kept with correspondent banks across the nation
D) Balances security purchasers kept with brokers
E) None of the above

Federal Funds Include Deposits Kept with the Federal Reserve Banks