Suppose you decide to withdraw $100 in cash from your checking account. which one of the following choices accurately shows the effect of this transaction on your bank's balance sheet.
a. your bank's balance sheet shows a decrease in reserves by $100 and an increase in deposits by $100.
b. your bank's balance sheet shows an increase in reserves by $100 and a decrease in deposits by $100.
c. your bank's balance sheet shows an increase in reserves by $100 and an increase in deposits by $100.
d. your bank's balance sheet shows a decrease in reserves by $100 and a decrease in deposits by $100.
Answers: 2
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Suppose you decide to withdraw $100 in cash from your checking account. which one of the following c...
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