Most of the Fed's Liabilities Are in the Form Of

question 69

Multiple Choice

Most of the Fed's liabilities are in the form of:

• A)Federal Reserve notes.
• B)checkable deposits.
• C)U.S.Treasury deposits.
• D)loans to member banks.
• E)certificates of deposit.

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Definitions:

Infant Industry

A new or emerging industry that may require protection and support to grow against international competition.

Trade Protection

Economic policies and measures designed to restrict international trade to protect domestic industries from foreign competition.

Foreign Competition

Economic rivalry that businesses face from producers located in other countries.

Net Loss

The amount by which total expenses exceed total revenues for a business or individual, indicating a negative financial performance.