test 9-2 - MULTIPLE CHOICE. Choose the one alternative that...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Banks acquire the funds that they use to purchase income-earning assets from such sources as 1) _______ A) reserves. B) bank capital. C) cash items in the process of collection. D) all of the above. E) only A and B of the above. 2) The _____ are the costs associated with deposit outflows, the _____ excess reserves banks will want to hold. 2) _______ A) higher; less B) lower; more C) higher; more D) None of the above, since deposit outflows cannot be anticipated. 3) Banks' holdings of securities consist primarily of 3) _______ A) Treasury and government agency securities. B) state and local government securities. C) tax-exempt municipal securities. D) corporate securities. 4) Which of the following are reported as liabilities on a bank's balance sheet? 4) _______ A) Nontransaction deposits B) Bank capital C) Loans D) Only A and B of the above E) Only B and C of the above 5) When a lender refuses to make a loan, even though borrowers are willing to pay the stated interest rate...
View Full Document

Page1 / 2

test 9-2 - MULTIPLE CHOICE. Choose the one alternative that...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online