The Largest Asset Class on U

question 26

Multiple Choice

The largest asset class on U.S.commercial banks' combined balance sheet as of June 30, 2015 was

• A)investment securities.
• B)commercial and industrial loans.
• C)real estate loans.
• D)cash.
• E)deposits.

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Definitions:

Upper South

The Upper South traditionally refers to the northern tier of Southern states in the United States, which includes Virginia, Tennessee, Kentucky, and Missouri, characterized by a distinct socioeconomic and cultural identity.

Declaration of Causes

The Declaration of Causes is a document or proclamation issued to explain the reasons for a particular action or decision, often in the context of political or social movements.

Calling Up

The act of summoning individuals, typically for military service or jury duty, by official request or order.

Border States

During the American Civil War, the slave states that did not secede from the Union, including Delaware, Maryland, Kentucky, and Missouri.