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

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 199 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

C

Answer to Question 2

D





 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

For a complete list of videos, visit our video library