B Reserves are A assets of the central bank and liabilities of the commercial bank B assets of the commercial banks and liabilities of the central bank C liabilities of the commercial and central banks D assets and liabilities for the central bank 9 Vault cash is A equal to the total amount of reserves and is an asset of the central bank B not reserves but is a liability of the central bank C a part of reserves and an asset of commercial banks D not reserves but is an asset of central banks The monetary base is the sum of A reserves and M2 B M1 and reserves C currency in the hands of the public, reserves and M1 D currency in the hands of the public and reserves in the banking system 10

Question

B  Reserves are  A assets of the central bank and liabilities of the commercial bank  B  assets of the commercial banks and liabilities of the central bank  C  liabilities of the commercial and central banks  D  assets and liabilities for the central bank  9 Vault cash is  A equal to the total amount of reserves and is an asset of the central bank  B  not reserves but is a liability of the central bank  C  a part of reserves and an asset of commercial banks  D  not reserves but is an asset of central banks  The monetary base is the sum of  A reserves and M2 B  M1 and reserves  C  currency in the hands of the public, reserves and M1  D  currency in the hands of the public and reserves in the banking system  10

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B. Reserves are: A assets of the central bank and liabilities of the commercial bank. B. assets of the commercial banks and liabilities of the

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