Multiple Choice
If a customer deposits $1,000 cash into her checking account, the bank's
A) assets rise by $1,000 and liabilities fall by $1,000.
B) assets fall by $1,000 and liabilities rise by $1,000.
C) assets and liabilities both fall by $1,000.
D) assets and liabilities both rise by $1,000.
E) profits rise by $1,000.
Correct Answer:

Verified
Correct Answer:
Verified
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