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| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1) The largest percentage of banks" holdings of securities consist of
A) Treasury and government agency securities.
B) tax-exempt municipal securities.
C) state and local government securities.
D) corporate securities.
2) Which of the following bank assets is the most liquid?
A) Consumer loans
B) Reserves
C) Cash items in process of collection
D) U.S. government securities
3) Secondary reserves include
A) deposits at Federal Reserve Banks.
B) deposits at other large banks.
C) short-term Treasury securities.
D) state and local government securities.
4) Because of their ________ liquidity, ________ U.S. government securities are called secondary reserves.
A) low; short-term
B) low; long-term
C) high; short-term
D) high; long-term
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