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 200 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?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

For a complete list of videos, visit our video library