Assets of banks include:
A) money market mutual funds.
B) currency in the hands of the public.
C) loans to customers.
D) demand deposits.
Correct Answer:
Verified
Q32: In a system with 100-percent-reserve banking:
A) all
Q33: All of the following assets are included
Q34: Credit card balances are included in:
A) M1
Q35: Bank reserves equal:
A) gold kept in bank
Q36: The money supply consists of:
A) currency plus
Q38: Liabilities of banks include:
A) reserves.
B) currency in
Q39: Credit cards:
A) are part of the M1
Q40: In a 100-percent-reserve banking system, banks:
A) can
Q41: The currency-deposit ratio is determined by:
A) the
Q42: In a fractional-reserve banking system, banks create
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