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Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.

Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.
Transcribed Image Text:Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.
A commercial bank's reserves are equal to the amount of O the bank's government securities. O the bank's deposits. O the bank's loans. O only the currency in its vault. O currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank.
Transcribed Image Text:A commercial bank's reserves are equal to the amount of O the bank's government securities. O the bank's deposits. O the bank's loans. O only the currency in its vault. O currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank.
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