Using T-accounts show what happens to reserves at Security National Bank if one individual deposits $1000 in cash into her checking account and another individual withdraws $750 in cash from her checking account
What will be an ideal response?
Security National Bank
Assets Liabilities
Reserves +$250 Checkable deposits +$250
Economics
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In the above figure, saving will equal zero when real disposable income equals
A) 500. B) 600. C) 60. D) 0.
Economics
When a U.S. resident increases her holdings of a foreign financial asset, this item is recorded as a
A. debit entry in the U.S. current account. B. credit entry in the U.S. current account. C. credit entry in the U.S. financial account. D. debit entry in the U.S. financial account.
Economics