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 198 times)

dollx · **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

cuttiesgirl16 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

D

dollx · **Reply #2 on:** Jun 30, 2018

Thank you

cuttiesgirl16 · **Reply #3 on:** Jun 30, 2018

Happy to help you

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 198 times)

dollx

If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what ...

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cuttiesgirl16

If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what ...

dollx

If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what ...

cuttiesgirl16

If a check was written on Bank A for 100 and Bank B presented the check to Bank A for payment, what ...