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The major assets and liabilities of a bank are: a. checkable deposits and total reserves, respectively. b. checkable deposits and gold, respectively. c. total reserves
The major assets and liabilities of a bank are: a. checkable deposits and total reserves, respectively. b. checkable deposits and gold, respectively. c. total reserves and checkable deposits, respectively. d. total reserves and excess reserves, respectively. e. checkable deposits and excess reserves, respectively.
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
