1)what is the correct answer?2)true or false 1 of 17A bank's assets include itsand a bank's liabilities include itsO A. reserves; loansO B. net worth; reservesO C. deposits; net worthD. loans; depositsNet worth is equal to assets minus liabilities.O A. TrueO B. FalseClick to select your answer

In the T account or asset and liability account bank record it's asset and liability.

Answered: A bank's assets include its and a…

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Economics

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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

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