Which of the following is a discretionary factor that will increase a bank's daily reserves held at the Federal Reserve?

Which of the following is a discretionary factor that will increase a bank's daily reserves held at the Federal Reserve?



a. The prior day's immediate cash letter

b. Federal funds purchased

c. Deposits from the U.S. Treasury

d. Currency received from the Federal Reserve

e. Deficits at the local clearinghouse



Answer: B


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