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For a depository institution, reserves are: ONE ANSWER liabilities it owes to customers. borrowings from the central bank. checkable deposits. assets on the balance sheet.

For a depository institution, reserves are:

ONE ANSWER

liabilities it owes to customers.

borrowings from the central bank.

checkable deposits.

assets on the balance sheet.

loans to individuals and businesses.

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Smith and Roberson Business Law

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