Select TWO true statements about money.Select one or more:а.Base money is equal to cash plus commercial bank reserves with the central bankb. Cash is a liability of the central bankС.If a commercial bank makes a loan and credits the borrower's current account, then base money increasesd. Commercial bank reserves with the central bank appear as a liability in their balance sheets

Here the correct statements are a. Bass money is equal to cash plus commercial bank reserve with the…

ect TWO true statements about money. ect one or more: a. Base money is equal to cash plus commercial bank reserves with the central bank b. Cash is a liability of the central bank c. If a commercial bank makes a loan and credits the borrower's current account, then base money increases d. Commercial bank reserves with the central bank appear as a liability in their balance sheets

ect TWO true statements about money. ect one or more: a. Base money is equal to cash plus commercial bank reserves with the central bank b. Cash is a liability of the central bank c. If a commercial bank makes a loan and credits the borrower's current account, then base money increases d. Commercial bank reserves with the central bank appear as a liability in their balance sheets

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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