1) When a $10 check written on the First National Bank of Chicago is deposited in an account at Citibank, then

A) the liabilities of the First National Bank increase by $10.

B) the reserves of the First National Bank increase by $ 10.

C) the liabilities of Citibank increase by $10.

D) the assets of Citibank fall by $10.

2) When a $10 check written on the First National Bank of Chicago is deposited in an account at Citibank, then

A) the liabilities of the First National Bank decrease by $10.

B) the reserves of the First National Bank increase by $10.

C) the liabilities of Citibank decrease by $10.

D) the assets of Citibank decrease by $10.

3) When you deposit $50 in your account at First National Bank and a $100 check you have written on this account is cashed at Chemical Bank, then

A) the assets of First National rise by $50.

B) the assets of Chemical Bank rise by $50.

C) the reserves at First National fall by $50.

D) the liabilities at Chemical Bank rise by $50.