A bank's assets include its and a bank's liabilities include its

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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1)what is the correct answer? 2)true or false
1 of 17
A bank's assets include its
and a bank's liabilities include its
O A. reserves; loans
O B. net worth; reserves
O C. deposits; net worth
D. loans; deposits
Net worth is equal to assets minus liabilities.
O A. True
O B. False
Click to select your answer
Transcribed Image Text:1 of 17 A bank's assets include its and a bank's liabilities include its O A. reserves; loans O B. net worth; reserves O C. deposits; net worth D. loans; deposits Net worth is equal to assets minus liabilities. O A. True O B. False Click to select your answer
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