W5 Q8

Item on Bal. Sheet Amount

1) Treasury Deposits $7

2) Reserves of Commercial Banks $31

3) Federal Reserve Notes $275

4) Loans to Commercial Banks $21

5) All Other Assets $84

6) Securities $270

7) All Other Liabilities and Net Worth $7

The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, there would be assets of

a) $375 billion

b) $650 billion

c) $374 billion

d) $382 billion