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.

Question

Quizplus · Accepted Answer

The Answer of 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.

When a Bank Has a Cheque Drawn and Cleared Against