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Which of the Following Is Correct

Question 29

Multiple Choice

Which of the following is correct?


A) A bank's deposits at the Federal Reserve counts as part of the bank's reserves.The Federal Reserve pays interest on these deposits.
B) A bank's deposits at the Federal Reserve counts as part of the bank's reserves.The Federal Reserve does not pay interest on these deposits.
C) A bank's deposits at the Federal Reserve does not count as part of the bank's reserves.The Federal Reserve pays interest on these deposits.
D) A bank's deposits at the Federal Reserve does not count as part of the bank's reserves.The Federal Reserve does not pay interest on these deposits.

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