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 222 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?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are more bacteria in your mouth than there are people in the world.

For a complete list of videos, visit our video library