QUESTION 1

What do bank excess reserves represent?

		Amount of funds kept in the vault
		Amoung of funds that could be invested in the public
		Amount of funds collected from all depositors
		Amount of funds paid in taxes

QUESTION 3

What does bank asset management mean?

		Making sure bank has the adequate amount of reserves
		Making sure banks have the right combination of assets
		Making sure banks entice enough depositors to borrow funds
		Make sure bank has enough capital to be profitable

QUESTION 7

"If bank reserves increase, what will happen to the money supplied in our economy?"

		Increase
		Decrease
		No effect

QUESTION 8

What are gross spreads?

		The difference between what a bank earns on its assets and what it pays for its liabilities.
		"Profit before taxes, expenses, and other (non-interest related) costs of doing business."
		The difference between what a bank what it pays for its liabilities and what it earns on its assets
		All of the above