When Bank A clears a check written on Bank B: a. What happens to Bank B's reserves
Question:
a. What happens to Bank B's reserves and excess reserves?
b. What happens to Bank A's reserves and excess reserves?
c. What happens to the banking system's excess reserves and the total level of banking system reserves?
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Related Book For 
Managing in a Global Economy Demystifying International Macroeconomics
ISBN: 978-1285055428
2nd edition
Authors: John E. Marthinsen
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