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Other Fields Homework Help Economics Topic started by: valputin on Nov 28, 2015



Title: Banks' asset portfolios include state and local government securities because
Post by: valputin on Nov 28, 2015
Banks' asset portfolios include state and local government securities because
A) banks consider them helpful in attracting accounts of Federal employees.
B) the Federal Reserve requires member banks to buy securities from state and local governments located within their respective Federal Reserve districts.
C) they help to attract business from these government entities.
D) there is no default-risk with state and local government securities.


Title: Re: Banks' asset portfolios include state and local government securities because
Post by: Meela on Dec 6, 2015
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Title: Re: Banks' asset portfolios include state and local government securities because
Post by: valputin on Dec 14, 2015
Perfect answer, thx


Title: Re: Banks' asset portfolios include state and local government securities because
Post by: Meela on Dec 14, 2015
You're very welcome, valputin