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Author Question: If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what ... (Read 217 times)

dollx

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on: Jun 30, 2018
If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what will happen to the required reserves for each respective bank after payment is made?
 
  A) Both banks will see a decrease in their required reserves.
  B) Bank A's required reserves increase; Bank B's decrease.
  C) Bank B's required reserves increase; Bank A's decrease.
  D) Both banks will see an increase in their required reserves.

Question 2

According to this Application, other economists disagree with Professor Gordon and suggest that the ________ will help to increase future growth.
 
  A) global interconnectedness B) the Internet
  C) computer technology D) all of the above


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cuttiesgirl16

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


dollx

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Reply #2 on: Jun 30, 2018
Thank you :)


cuttiesgirl16

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Reply #3 on: Jun 30, 2018
Happy to help you


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