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Owns or owes

Exercise and reference answers

Upper category
Assets
Lower category
Owes
Items
  1. Category
    Assets
    Item
    Vault cash
  2. Category
    Assets
    Item
    Reserves
  3. Category
    Assets
    Item
    Loans made
  4. Category
    Assets
    Item
    Bonds held
  5. Category
    Owes
    Item
    Deposits
  6. Category
    Owes
    Item
    Mortgage
  7. Category
    Owes
    Item
    Money owed
  8. Category
    Owes
    Item
    Card debt
Instructions
Send each clue to the asset track or the liability track.

Explanation

_Source: OpenStax Principles of Macroeconomics 3e, Chapter 14, Money and Banking._
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