The Largest Liability on the Balance Sheet of Most Banks

question 94

Multiple Choice

The largest liability on the balance sheet of most banks is their

• A)loans.
• B)holdings of securities.
• C)deposits with the Bank of Canada.
• D)chequing account and savings account deposits of their customers.
• E)vault cash.

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Definitions:

Emotional Experiences

A rephrasing of "Emotional Response": Experiences or events that evoke a strong psychological reaction, encompassing a range of feelings.

Low Frequency

Pertaining to a rate of occurrence or a wave frequency that is lower than the average or expected.

High Amplitude

In wave phenomena, refers to waves that have a large peak value, indicating stronger or more intense waveforms.

Stage 3

Depending on the context, this could refer to the third phase in a developmental, psychological, or medical progression system.