Answered: When banks have deposits in checking…

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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