Each of the Following Items Would Appear as Assets on the Central

question 41

Multiple Choice

Each of the following items would appear as assets on the central bank's balance sheet, except:

• A) loans.
• B) securities.
• C) currency.
• D) foreign exchange reserves.

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Definitions:

Logarithm

A mathematical operation that determines the power to which a base must be raised to produce a given number.

Graph

A diagram showing the relation between variable quantities, typically of two variables, each measured along one of a pair of axes at right angles.

Logarithm

The exponent or power to which a base, typically 10 or e, must be raised to produce a given number; it is the inverse operation of exponentiation.

Graph

A visual diagram that exhibits the arrangement of connections or interrelations among several objects with the help of unique symbols including dots, lines, and bars.