Item in Balance Sheet Amount 1) Treasury Deposits 2) Reservess of Commercial Banks $7 31 3) Federal Reserve Notes 275 4) Loans to Commercial Banks 5 5) All Other Assets 65 6) Securities 260 7) All Other Liabilities and Net Worth The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, there would be assets of Multiple Choice $361 billion. $329 billion. $330 billion. $337 billion. $605 billion.
Item in Balance Sheet Amount 1) Treasury Deposits 2) Reservess of Commercial Banks $7 31 3) Federal Reserve Notes 275 4) Loans to Commercial Banks 5 5) All Other Assets 65 6) Securities 260 7) All Other Liabilities and Net Worth The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, there would be assets of Multiple Choice $361 billion. $329 billion. $330 billion. $337 billion. $605 billion.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 30P: A bank has deposits of 400. It holds reserves of 50. It has purchased government bonds worth 70. It...
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