This topic contains a solution. Click here to go to the answer

Author Question: Suppose you bank at Bank A and you write a check to your friend, who banks at Bank B. After the ... (Read 172 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
Suppose you bank at Bank A and you write a check to your friend, who banks at Bank B. After the check clears, _____.
 a. both Bank A's and Bank B's assets increase
 b. both Bank A's and Bank B's assets decrease
 c. Bank A's assets increase and Bank B's assets decrease
  d. Bank A's assets decrease and Bank B's assets increase
  e. there is an increase in the Federal Reserve's assets

Question 2

Which of the following is true of government purchases?
 a. They are positively related to current income.
  b. They are negatively related to current income.
  c. They are directly related to taxes.
 d. They are decided by public officials.
 e. They depend on the market rate of interest.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

d

Answer to Question 2

d




Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

For a complete list of videos, visit our video library