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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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6 years ago
Which one of the following statements is true?
A) A bank's assets plus its liabilities equals must equal zero.
B) A bank's reserves can only be kept as cash in its vault.
C) Assets generate income for a bank.
D) Demand deposits are assets of a bank.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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nguyenduong67 Author
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6 years ago
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taydav
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Brilliant ツ
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Thanks for your help!!
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