If We Both Have Checking Accounts in the Same Commercial

question 277

Multiple Choice

If we both have checking accounts in the same commercial bank and I write a check in your favor for $200, the bank's

• A) balance sheet will be unchanged.
• B) reserves and checkable deposits will both decline by $200.
• C) liabilities will decline by $200, but its net worth will increase by $200.
• D) assets and liabilities will both decline by $200.

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