Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.

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Extracted text: Banks can make loans as long as they have O excess government securities. O required reserves. O deposits. O excess reserves. O reserves.


Extracted text: A commercial bank's reserves are equal to the amount of O the bank's government securities. O the bank's deposits. O the bank's loans. O only the currency in its vault. O currency in the bank's vault plus the balance on its reserve account at a Federal Reserve Bank.