Suppose the Fed Purchases $1,000 of Government Securities from the General

question 119

Multiple Choice

Suppose the Fed purchases $1,000 of government securities from the general public who then deposit the proceeds into their checking accounts in commercial banks.Which pair of the T-accounts below shows this transaction?

• A)\(\begin{array}{cc|lcc}
• \hline{\text { Federai Reserve }} && {\text { Commercial Banks }} \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } &{\text { Liabilities }} \\
• \hline \text { Govemment } & \text { Checkable } & \text { Reserves }+1,000 & \text { Checkable } \\
• \text { Securities }+1,000 & \text { Deposits }+1,000 & & \text { Deposits }+1,000 \\
• \hline
• \end{array}\) .
• B)\(\begin{array}{cc|lcc}
• \hline{\text { Federai Reserve }} && {\text { Commercial Banks }} \\
• \hline \text { Assets } & \text { Liabilities } & \text { Assets } &{\text { Liabilities }} \\
• \hline \text { Govemment } & \text { Checkable } & \text { Reserves }+1,000 & \text { Checkable } \\
• \text { Securities }+1,000 & \text { Deposits }+1,000 & & \text { Deposits }+1,000 \\
• \hline
• \end{array}\)

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Identify the types of résumé formats and when to use them effectively.

Appreciate the necessity of tailoring résumé design to suit the needs of the audience and application platform.

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