Bank Reserves Are

question 13

Multiple Choice

Bank reserves are:

• A)currency and customer checking deposits.
• B)currency, customer checking and savings deposits.
• C)any asset used to purchase goods and services.
• D)cash and similar assets held to meet depositor withdrawals or payments.

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Definitions:

Team Members

Individuals who are part of a group working together towards a common goal.

Team Empowerment

The process of giving team members the authority, confidence, and tools to take initiative and make decisions in their roles.

Potency

The power or influence something has to affect changes or produce a desired effect.

Effective

The ability to produce a desired or intended result, often used to describe strategies, processes, or actions that achieve their goals.