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Which of the following is an example of a use of funds for a commercial bank? A. A borrower repays $1500 of a loan they
Which of the following is an example of a use of funds for a commercial bank?
A. | A borrower repays $1500 of a loan they have received | |
B. | A customer deposits $1000 into their account | |
C. | A bank must increase its repurchase agreement borrowings by $1,000,000.
| |
D. | The bank purchases $5,000,000 in T-Bills | |
E. | A bank increases its Fed funds purchased by $1,000,000 |
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