Which of the Following Statements Is Most Correct

question 50

Multiple Choice

Which of the following statements is most correct?

• A) Reserves are assets of the central bank and liabilities of the U.S. Treasury.
• B) Reserves are assets of the central bank and liabilities of the commercial banks.
• C) Reserves are liabilities of the commercial banks and assets of the U.S. Treasury.
• D) Reserves are assets of the commercial banks and liabilities of the central bank.

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Definitions:

Grades

Evaluations or ratings given to quantify the performance or quality of work, often used in academic settings.

Coherence

The quality of being logical, consistent, and forming a unified whole, especially in written or spoken discourse.

Readability

The ease with which a reader can understand or navigate a written text.

Violations

Acts or instances of breaking or failing to comply with laws, rules, or standards.