When a Bank Has a Check Drawn and Cleared Against

question 44

Multiple Choice

When a bank has a check drawn and cleared against it,

• A) excess reserves in the banking system decline.
• B) the nation's total money supply falls.
• C) the bank's balance sheet does not change.
• D) the amount of required reserves the bank must have will fall.

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Definitions:

Early Age

The initial periods of life, often associated with youth or the beginning stages of development.

Preconventional Morality

The first level of Kohlberg's stages of moral development, characterized by an individual's obedience to rules based on the direct consequences to themselves.

Punishment Avoidance

A behavior modification strategy where the reduction or avoidance of undesirable consequences reinforces a behavior.

Early Maturing

The process of experiencing the onset of puberty earlier than the average age, which can have various social, psychological, and physical effects.