Prior to the Recent Financial Crisis, the Bulk of the Fed's

question 100

Multiple Choice

Prior to the recent financial crisis, the bulk of the Fed's assets on its balance sheet were ________ and its liabilities were ________.

• A) U.S. Treasury bills; currency
• B) loans; Treasury accounts
• C) reserves; vault cash
• D) stocks; foreign currency
• E) currency; reserves

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Definitions:

Small Retailers

Independent or local retail businesses that operate on a smaller scale compared to large chains, focusing on a specific market segment or community.