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uuction to fractional reserve banking
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The central bank of Westeros bought...
Business, 17.04.2020 22:55 danielasena21
W
uuction to fractional reserve banking
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The central bank of Westeros bought $2000 worth of bonds from the Iron Bank for $2000.
How does this affect the Iron Bank's balance sheet?
Choose 1
A
Liabilities decrease.
©
Excess reserves increase.
©
Liabilities increase
D)
Required reserves increase.
(6)
Total assets decrease
Answers: 3
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