When banks have deposits in checking accounts with the Fed, these deposits for the bank are __________________ of the commercial bank   a. Liabilities   b. Assets   c. Net Worth   d. Equity

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter17: Financial Markets
Section: Chapter Questions
Problem 36P: The Darkroom Windowshade Company has 100,000 shares of stock outstanding. The investors in the firm...
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When banks have deposits in checking accounts with the Fed, these deposits for the bank are __________________ of the commercial bank

  a.

Liabilities

  b.

Assets

  c.

Net Worth

  d.

Equity

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