Solved

If You Wrote a Check for $37

Question 2

Multiple Choice

If you wrote a check for $37.55 to pay your phone bill and sent it to Verizon,


A) your bank's deposits will go down by $37.55 and its reserves would go up by $37.55.
B) your bank's deposits would go up by $37.55 and its reserves would go down by $37.55.
C) your bank's deposits would go down by $37.55 and its reserves would go down by $37.55.
D) your bank's deposits would go up by $37.55 and its reserves would go up by $37.55.

Correct Answer:

verifed

Verified

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