A Bank's Reserves Equal Its

question 11

Multiple Choice

A bank's reserves equal its

• A)government securities.
• B)transactions deposits.
• C)vault cash plus deposits at the Federal Reserve.
• D)cash assets plus government securities.

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Definitions:

Personal Firewalls

Security software designed to protect individual computers from unauthorized access or attacks over the Internet.

Logical Ports

Virtual communication endpoints used by computer applications to share information over a network.

Internet

A network of networks that’s the largest network in the world, connecting billions of computers globally.

Credit Card Fraud

Credit card fraud involves unauthorized use of another person's credit card information to make purchases or withdraw funds.