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A) $401 billionB) $377 billionC) $369 billionD) $645 billionE) $370 billion Item in Balance Sheet Amount 1) Treasury Deposits $ 7 2) Reserves of Commercial

A) $401 billionB) $377 billionC) $369 billionD) $645 billionE) $370 billion

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Item in Balance Sheet Amount 1) Treasury Deposits $ 7 2) Reserves of Commercial Banks 31 3 ) Federal Reserve Notes 275 4 ) Loans to Commercial Banks 16 5) All Other Assets 79 6) Securities 275 7) All Other Liabilities and Net Worth 7 The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, there would be assets of

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