Which Describes the Value of the Underlined Digit $16.10\underline1$ A) 1 Ten-Thousandth
B) 1 Thousandth
C) 1 Hundredth
D)

question 6

Multiple Choice

Which describes the value of the underlined digit? $16.10\underline1$

• A) 1 ten-thousandth
• B) 1 thousandth
• C) 1 hundredth
• D) 1 tenth

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Definitions:

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to fund federal government spending, including Treasury bonds, notes, and bills.

Bank's Assets

refer to the resources owned by a bank, including loans, investments, cash, and other valuables.

Fed's Assets

The assets held by the Federal Reserve, including government securities, gold certificates, foreign exchange, and loans to banks.

Banking System

The structural network of financial institutions, including central banks and commercial banks, that provides financial services to the economy.