Question: What is float in the banking system? A. Temporary net increase in reserves due to differences in the timing of debits and credits B. The

What is float in the banking system?

A.

Temporary net increase in reserves due to differences in the timing of debits and credits
B.

The term used to describe sales of Treasury bonds by the Fed
C.

Tendency for interest rates to rise over time
D.

An illegal activity that is a form of bank fraud

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