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    bank reserves

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    Do reserves include all assets?

    REserves at Fed
    Cash in ATMs
    Government Securities
    Total deposits...liabilities?

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    Defined by the Macroeconomics text book, bank reserves is the "money" that banks use to conduct day-to-day business, including cashing checks, satisfying customers's withdrawals, and clearing checks between accounts at ...

    Solution Summary

    Define bank reserves.