Multiple Choice
If we both have checking accounts in the same commercial bank and I write a check in your favor for $200, the bank's
A) balance sheet will be unchanged.
B) reserves and checkable deposits will both decline by $200.
C) liabilities will decline by $200, but its net worth will increase by $200.
D) assets and liabilities will both decline by $200.
Correct Answer:

Verified
Correct Answer:
Verified
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