A bank that has liabilities of $180 billion and a net worth of $30 billion must have

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter25: Money Creation
Section: Chapter Questions
Problem 18SQ
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A bank that has liabilities of $180 billion and a net worth of $30 billion must have
Multiple Choice
assets of $180 billion.
excess reserves of $180 billion.
assets of $210 billion.
excess reserves of $150 billion.
Transcribed Image Text:A bank that has liabilities of $180 billion and a net worth of $30 billion must have Multiple Choice assets of $180 billion. excess reserves of $180 billion. assets of $210 billion. excess reserves of $150 billion.
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