Select TWO true statements. O a. A commercial bank's net worth is the sum of its liabilities minus its total assets O b. Commercial banks can create base money. O c. Current account deposits form part of a commercial bank's liabilities. O d. Base money is a liability for the Central bank.

Brief Principles of Macroeconomics (MindTap Course List)
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Chapter11: The Monetary System
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Select TWO true statements.
O a.
A commercial bank's net worth is the sum of its liabilities minus its total assets
O b. Commercial banks can create base money.
O c.
Current account deposits form part of a commercial bank's liabilities.
O d. Base money is a liability for the Central bank.
Transcribed Image Text:Select TWO true statements. O a. A commercial bank's net worth is the sum of its liabilities minus its total assets O b. Commercial banks can create base money. O c. Current account deposits form part of a commercial bank's liabilities. O d. Base money is a liability for the Central bank.
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