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 113 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?

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.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

For a complete list of videos, visit our video library