17 The table shows items and figures taken from a consolidated balance sheet of
ID: 1105342 • Letter: 1
Question
17
The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, the liabilities and net worth would be items 7 and
Multiple Choice
a. 1, 2, and 3.
b.1, 3, and 5.
c. 2, 4, and 5.
18.The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, the assets would be items 5 and
Multiple Choice
a.1 and 2.
b.2 and 3.
c.3 and 4.
d. 4 and 6.
21.The table shows items and figures taken from a consolidated balance sheet of the 12 Federal Reserve Banks. All figures are in billions of dollars. In this balance sheet, there would be assets of
Multiple Choice
a.$313 billion.
b.$320 billion.
c.$246 billion.
d. $387 billion.
Item in Balance Sheet Amount 1) Treasury Deposits $7 2) Reserves of Commercial Banks 31 3) Federal Reserve Notes 275 4) Loans to Commercial Banks 1 5) All Other Assets 64 6) Securities 255 7) All Other Liabilities and Net Worth 7Explanation / Answer
17) a) 1,2 and 3 .
Treasury Deposits, Reserves of Commercial Banks and Federal Reserve Notes are included in liabilities.
liabilites = $320
18) d) 4 and 6
Loans to Commercial Banks and securities.
19) b.$320 billion.
Total assets = Loans to Commercial Banks + All Other Assets + Securities
or, Total assets = 255 + 64 + 1 = $320
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