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bedau bedau
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Posts: 986
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6 years ago
Currently in the United States, banks count as their reserves
A) only the currency in their vault.
B) the currency in their vault plus their holding of Treasury securities.
C) only their holding of Treasury securities.
D) their liabilities against which they pay no interest.
E) the currency in their vault plus their deposits at the Federal Reserve.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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Posts: 1026
6 years ago
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bedau Author
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6 years ago
Smart ... Thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
This helped my grade so much Perfect
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