If You Deposit a $50 Check in the Bank,the Immediate

question 127

Multiple Choice

If you deposit a $50 check in the bank,the immediate impact on your bank's balance sheet will be a

• A) $50 increase in reserves and a $50 increase in checkable deposits.
• B) $50 decrease in reserves and a $50 increase in checkable deposits.
• C) $50 increase in reserves and a $50 decrease in checkable deposits.
• D) $50 decrease in liabilities and a $50 increase in checkable deposits.

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Definitions:

Chance

A measure of likelihood or probability that a particular event will occur.

Error

The difference between a measured or inferred value and the true value, often used in the context of statistical models and predictions.

Extremes

The highest and lowest values in a dataset, which can significantly affect the range and other statistical measures.

Normal Curve

A symmetrical, bell-shaped curve that represents the distribution of many types of data; most scores are near the average, fewer scores are found at the extremes.