20) Which of the following is classified as a liability for a commercial bank? A) deposits with the Federal Reserve B) reserves C) demand deposits D) commercial loans 21) Deposits with the Federal Reserve Bank are part of a commercial bank's A) loans B) capital C) liabilities D) reserves 22) A bank creates money A) when it makes loans C) when it prints bank notes B) when it pays out reserves D) never, since it only lends out money it owns