The Table Shows Items and ?Gures Taken from a Consolidated

question 74

Multiple Choice

$$\begin{array} { | l | c | } \hline { \text { Item in Balance Sheet } } & \text { Amount } \\\hline \text { 1) Treasury Deposits } & \$ 7 \\\hline \text { 2) Reserves of Commercial Banks } & 31 \\\hline \text { 3) Federal Reserve Notes } & 275 \\\hline \text { 4) Loans to Commercial Banks } & 1 \\\hline \text { 5) All Other Assets } & 64 \\\hline \text { 6) Securities } & 255 \\\hline \text { 7) All Other Liabilities and Net Worth } & 7 \\\hline\end{array}$$ The table shows items and ?gures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All ?gures are in billions of dollars. In this balance sheet, there would be assets of

• A) $246 billion.
• B) $313 billion.
• C) $320 billion.
• D) $387 billion.

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Definitions:

Hot Rocks

Rocks that have been heated by geological processes, such as volcanic activity or deep earth movements, which can sometimes be sources of geothermal energy.

Oil And Gas Fields

Areas rich in hydrocarbon reserves where natural deposits of oil and gas are found, typically extracted through drilling.

Sedimentary Rocks

Rocks formed through the accumulation and consolidation of sediments, often containing fossils of ancient life.

Wyoming

A state in the mountain region of the western United States known for its vast plains and rugged mountain ranges.