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Explain how each of the following will affect a bank's deposits balances at the Federal Reserve: A. The bank ships excess vault cash to the
Explain how each of the following will affect a bank's deposits balances at the Federal Reserve:
A. The bank ships excess vault cash to the Federal Reserve
B. The bank buys U.S. government securities in the open market
C. The bank realizes a surplus in its local clearinghouse processing
D. The bank sells Federal funds
E. A $100,000 certificate of deposit at the bank matures and is not rolled local over
F. Local business deposit tax payment in the Treasury%u2019s account at the local bank
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