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valputin valputin
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8 years ago
When you deposit $50 in your account at First National Bank and a $100 check you have written on this account is cashed at Chemical Bank, then
A) the reserves at First National fall by $50.
B) the assets of Chemical Bank rise by $50.
C) the liabilities at Chemical Bank rise by $50.
D) the assets of First National rise by $50.
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
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Our course uses > The Economics of Money, Banking and Financial Markets

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wrote...
8 years ago
a
valputin Author
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8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
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