When a Bank Has a Cheque Drawn and Cleared Against

question 101

Multiple Choice

When a bank has a cheque 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 desired reserves the bank has will fall.

---

Definitions:

Older Adults

Individuals typically aged 65 years and older, often experiencing changes in physical health, cognition, and social roles.

Cohabitation

The act of living together and having a sexual relationship without being married.

Remarriage

The act of marrying again after the termination of a previous marriage by divorce or widowhood.

Late Adulthood

The final stage of the human life span, typically considered to begin around the age of 65.