MrSmith Now Spends the Exact Amount of Money He Borrowed

question 21

Multiple Choice

Mr.Smith now spends the exact amount of money he borrowed to buy equipment from Ms.Jones,paying for it with a check drawn on his account at bank A.Ms.Jones deposits the check in her account at bank B.Once the checks have cleared,compared to its position just after the loan to Mr.Smith,bank A now has had its reserves decreased by

• A) $1,750.
• B) $2,500.
• C) $6,000.
• D) $8,750.
• E) $10,000.

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Definitions:

Constitutional Growth Delay

A pattern where children have a slower rate of growth and development, but eventually catch up to their peers in height and sexual maturation.

Human Growth Hormones

Peptide hormones secreted by the pituitary gland that stimulate growth, cell reproduction, and cell regeneration in humans and other animals.

Self-Esteem

An individual's overall subjective emotional evaluation of their own worth or value.

TCA Imipramine

A tricyclic antidepressant used to treat major depression and enuresis (bedwetting), acting by inhibiting the reuptake of neurotransmitters.