Multiple Choice Quiz chap 18

Multiple Choice Quiz chap 18 - Multiple Choice Quiz 1 of 2

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Multiple Choice Quiz (See related pages) Results Reporter Out of 10 questions, you answered 10 correctly with a final grade of 100% 10 correct (100%) 0 incorrect (0%) 0 unanswered (0%) Your Results: The correct answer for each question is indicated by a . 1 CORRECT The cost of holding reserves that pay no interest at the central bank is A) buffer reserves. B) a reserve requirement tax. C) the liquid assets ratio. D) required by law in all countries. E) a profitable alternative to lending. 2 CORRECT The liquid assets ratio A) is a measure of the maximum amount of cash and short-term securities that can be held by a DI. B) is 15 percent if every $5 of deposits requires $0.75 of liquid reserves. C) includes cash and government securities in all countries except the United Kingdom. D) is required on insurance companies by all states in the U.S. E) Two of the above are correct 3 CORRECT The reserves required to be held by U.S. banks are called A) cash reserves. B)
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Multiple Choice Quiz chap 18 - Multiple Choice Quiz 1 of 2

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