Asset or liability
Exercise and reference answers
- Upper category
- Assets
- Lower category
- Liabilit
- Items
- Category
- Assets
- Item
- Reserves
- Category
- Assets
- Item
- Loans
- Category
- Assets
- Item
- Cash
- Category
- Assets
- Item
- Bonds held
- Category
- Liabilit
- Item
- Deposits
- Category
- Liabilit
- Item
- Owed
- Category
- Liabilit
- Item
- Debts
- Category
- Liabilit
- Item
- Savings
- Instructions
- Send each item to the bank's asset track or liability track.
Explanation
_Source: syllabus Introductory Macroeconomics, Chapter 3, Money and Banking._