The bank balance sheet

Because checking accounts are______ liquid for the depositor than savings accounts, they earn ______ interest rates

more; lower

Look at the Powerpoint called "The bank balance sheet." The largest source of funds for banks these days are:

non-transaction deposits

Which of the following are bank assets?

the building owned by the bank

Which of the following are reported as liabilities on a bank's balance sheet?

discount loans

A bank's assets equals:

Liabilities plus equity

A mortgage given by a bank is ___________ to the bank and ___________ to the borrower.

an asset; a liability

When a new depositor opens a checking account at the First National Bank, the bank's assets ______ and its liabilities ______

increase;increase

The federal funds rate is:

the interest rate on overnight loans between banks