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valputin valputin
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Posts: 5754
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8 years ago
When a $10 check written on the First National Bank of Chicago is deposited in an account at Citibank, then
A) the assets of Citibank decrease by $10.
B) the liabilities of the First National Bank decrease by $10.
C) the liabilities of Citibank decrease by $10.
D) the reserves of the First National Bank increase by $10.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 138 times
2 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

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Replies
wrote...
8 years ago
d
valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
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