Which of the Following Is a Bank Liability

question 136

Multiple Choice

Which of the following is a bank liability?

• A) reserve deposits held at the Fed
• B) loans made to customers
• C) required reserves
• D) demand deposit balances

---

Definitions:

3/5 Clause

A provision in the United States Constitution that counted three-fifths of the slave population for purposes of taxation and representation.

Enfranchising

Granting a group or individual the right to vote in political elections.

Post-Civil War Amendments

Amendments to the U.S. Constitution, specifically the 13th, 14th, and 15th, enacted after the Civil War to abolish slavery, establish equal protection under the law, and secure voting rights regardless of race.