When a check is cleared against Bank A after being deposited at Bank B, _____
a. both Bank A's and Bank B's liabilities increase
b. both Bank A's and Bank B's liabilities decrease
c. Bank A's liabilities increase and Bank B's liabilities decrease
d. Bank A's liabilities decrease and Bank B's liabilities increase
e. there is an increase in the liabilities of the Federal Reserve
d
Economics
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a. True b. False
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a. True b. False Indicate whether the statement is true or false
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