When a bank has a check 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 required reserves the bank must have will fall.

Question

Quizplus · Accepted Answer

The Answer of When a bank has a check 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 required reserves the bank must have will fall.

When a Bank Has a Check Drawn and Cleared Against