Business, 03.12.2020 21:10 serenityarts123
1. Which of the following statements is correct?
A. The actual reserves of a commercial bank equal its excess reserves minus its required
reserves
B. A bank's liabilities plus its net worth equal its assets.
C. When borrowers repay bank loans, the supply of money increases.
D. A single commercial bank can safely lend a multiple amount of its excess reserves.
Answers: 2
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1. Which of the following statements is correct?
A. The actual reserves of a commercial bank equal...
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