-The Above Table Gives Assets and Deposits for a (Small)bank

question 222

Multiple Choice

-The above table gives assets and deposits for a (small) bank.The bank's deposits that are part of M1 are equal to

• A)$1,600.
• B)$600.
• C)$3,100.
• D)$3,130.
• E)$30.

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Definitions:

Difference

The result of subtracting one number from another to show the gap or distance between them.

Substitution

A method used in algebra and calculus involving replacing a variable with its corresponding value or another expression to simplify or solve an equation.

Equations

Mathematical statements asserting the equality between two expressions.

Consistent

In mathematics, systems of equations are considered consistent if they have at least one set of solutions.