Vault Cash Is

question 90

Multiple Choice

Vault cash is:

• A) equal to the total amount of reserves and is an asset of the central bank.
• B) not reserves but is a liability of the central bank.
• C) a part of reserves and an asset of commercial banks.
• D) not reserves but is an asset of central banks.

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Definitions:

Nodding

Nodding is the act of moving the head up and down in agreement or to acknowledge something.

Effective Listener

An individual who actively listens and processes information communicated by others, demonstrating understanding and engagement.

Effective Listeners

Individuals who actively engage in listening to understand and process the speaker's message.

Avoid Distractions

Implementing strategies or measures to prevent one's attention from being diverted from a specific task or goal.