For the Federal Reserve the largest liability on their balance sheet is A

For the federal reserve the largest liability on

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17.For the Federal Reserve, the largest liability on their balance sheet is: A) Reserves. B)Non-bank currency. C)Government accounts. D)Treasury certificates. Answer: B LOD: 1 Page: 430 A-Head: The Central Bank's Balance Sheet.18.Over ninety percent of the Fed's liabilities is in: LOD: 1 Page: 430 A-Head: The Central Bank's Balance Sheet.19.Compared to the Federal Reserve, the European Central Bank (ECB): LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.20.Which of the following statements is most correct? LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.Cecchetti: Money, Banking, and Financial Markets503
Chapter 17 The Central Bank Balance Sheet and the Money Supply Process21.Reserves are: A)Assets of the central bank and liabilities of the commercial bank. B)Assets of the commercial banks and liabilities of the central bank. C)Liabilities of the commercial and central banks. D)None of the above. Answer: B LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.22.Vault cash is: LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.23.Vault cash is not included in the central bank's liability category of currencybecause: LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.24.The reserves of the commercial banks in the euro area far exceed the reserves of U.S. commercial banks. This is primarily due to the fact that: LOD: 2 Page: 430 A-Head: The Central Bank's Balance Sheet.504Cecchetti: Money, Banking, and Financial Markets
Chapter 17 The Central Bank Balance Sheet and the Money Supply Process

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