if money has usefulness in addition to being used in transactions, called :

A commodity money but not liquidity of money

B commodity money and liquidity of money

C fiat money but not liquidity of money

If a bank uses some of its cash reserves to make a loan

A the bank's assets and liabilities fall

B the banks' liabilities rise and the assets fall

C neither the bank's assets nor the liabilities change

D the bank's assets rise but not the liabilities

If a bank has a reserve ratio of 15% and a reserve requirement of 10%, then with $50 of checkable deposits they have

$2.50 in excess reserves

$5.00 in excess reserves

$7.50 in excess reserves

$0.00 in excess reserves