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When the Bank Extends a $100 Loan to the First

question 8

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When the Bank extends a $100 loan to the First National Bank, reserves in the banking system ________.


Definitions:

PLCs

Programmable Logic Controllers, specialized computers used to control industrial machines and processes.

Input Device

A hardware or component that allows information to be provided to a computer or machine, such as a keyboard, mouse, or sensor.

Output Device

An apparatus that converts electrical signals into physical actions or representations, such as actuators, motors, or displays.

Actual Scan Time

The real time taken for a PLC to complete one cycle of reading inputs, executing the program, and updating outputs.

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