Use the Following to Answer Questions

question 216

Multiple Choice

Use the following to answer questions :
Scenario: Money Supply Changes II
Charlotte withdraws $8,000 from her checkable bank deposit to pay tuition this semester. Assume that the reserve requirement is 20% and that banks do not hold excess reserves.
-(Scenario: Money Supply Changes II) Look at the scenario Money Supply Changes II. After the withdrawal, reserves _____, and checkable deposits _____.

• A)increase by $8,000; increase by $8,000
• B)increase by $1,600; decrease by $1,600
• C)decrease by $8,000; decrease by $8,000
• D)decrease by $1,600; decrease by $1,600

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Definitions:

Biological Influences

Factors within an organism's biological makeup that affect its behavior, development, and functioning.

Developmental Stages

A concept in psychology and human development where growth is understood to occur in distinct phases, each characterized by unique challenges and potential achievements.

Basic Strengths

Fundamental qualities or attributes that form the foundation for coping, adapting, and thriving in various aspects of life.

Genetic Predispositions

An individual's likelihood of developing certain traits or disorders based on their genetic makeup.