The Sum of the Coins and Currencies in the Bank's

question 14

Multiple Choice

The sum of the coins and currencies in the bank's vault and its deposit in the Fed is called:

• A)vault cash.
• B)transaction deposits.
• C)legal reserves.
• D)required reserves.
• E)loanable funds.

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Definitions:

Square Mile

A term often used to refer to the financial district in central London, England, known for its high concentration of financial institutions.

1914

The year that marked the beginning of World War I, a significant global conflict that reshaped borders, nations, and international relations.

Civil Rights Movements

Collective efforts aimed at achieving equal rights and social justice for marginalized groups, historically significant in challenging racial segregation and discrimination.

Respectability Politics

The attempts by marginalized groups to police their own members and show their social values as being continuous and compatible with mainstream values rather than challenging the status quo.