Which of the following are purchased funds? A) Retail time deposits B) Repurchase agreements C) Federal Funds Sold D) all of the above E) none of the above Which of the following are components of bank capital? A) common equity B) preferred stock C) qualifying long-term debt D) portion of the loan loss reserve E) all of the above The main reason(s) banks have less equity than most other industries is that: A) the Federal Reserve Bank requires banks to use as little equity as possible B) Congress requires banks to use low levels of equity C) the FDIC insures most bank deposits D) all of the above