A given bank has borrowed $40,000 from the Federal Reserve system

| November 24, 2016

A given bank has borrowed $40,000 from the Federal Reserve system and $12,000 from other banks. It’s also loaned $1000 to another bank.

This bank has { 1 } total in discount loans and { 2 } total in federal funds acting as assets.

(Enter ONLY numbers in each blank – nothing else!)

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