# Test Prep For AP® Courses

32.

Which of the following is NOT considered a liquid form of money?

1. cash
2. coins
3. checkable deposits
4. certificates of deposit
5. traveler’s checks
33.

A bank has loans equal to $10,000, treasury securities equal to$2,000, and reserves equal to $1,000. It also has checkable deposits worth$9,000. It has no other assets or liabilities. What is the bank’s net worth?

1. $4,000 2.$9,000
3. $10,000 4.$13,000
5. $22,000 34. A bank receives$3,000 in new deposits. There are no excess reserves in the economy and the reserve requirement is 0.10. What is the maximum amount by which the money supply can increase?

1. $300 2.$1,000
3. $10,000 4.$30,000
5. \$300,000