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Based on the the answers of 25 and 26. Could you please answer just 27. thanks 25. Joe hold deposits with Bank A and Bob
Based on the the answers of 25 and 26. Could you please answer just 27. thanks 25. Joe hold deposits with Bank A and Bob holds deposits with Bank B, when Joe uses a LOAN from Bank Cto purchase a car from Bob a. Bank A loses reserves b. Bank B gains reserves c. There will be more reserves in the banking system d. Both "a" and "b" are correct answers e. Both "a" and "c"are correct answers f. Both "b" and "e" are correct answers g. All of "a", "b", and "e"are correct answers h. None of the above answers are correct Joe hold deposits with Bank A and Bob holds deposits with Bank B, when Joe uses a LOAN from Bank C to purchase a car from Bob a. Joe loses demand deposits b. Bob gains demand deposits c. There will be more demand deposits in the banking system d. Both "a" and "b" are correct answers e. Both "a" and "e"are correct answers f. Both "b" and "c" are correct answers g. All of "a", "b", and "c"are correct answers h. None of the above answers are correct 26. 27.In the space provided below, use the appropriate balance sheets to show why you selected your answer to the previous 2 questions. Be careful to label each balance sheet, the accounts which are changing, and the direction of change in the accounts. Include the balance sheets for Joc, Bob, Bank A, Bank B, Bank C. and the Federal Reserve Bank. 25. Joe hold deposits with Bank A and Bob holds deposits with Bank B, when Joe uses a LOAN from Bank Cto purchase a car from Bob a. Bank A loses reserves b. Bank B gains reserves c. There will be more reserves in the banking system d. Both "a" and "b" are correct answers e. Both "a" and "c"are correct answers f. Both "b" and "e" are correct answers g. All of "a", "b", and "e"are correct answers h. None of the above answers are correct Joe hold deposits with Bank A and Bob holds deposits with Bank B, when Joe uses a LOAN from Bank C to purchase a car from Bob a. Joe loses demand deposits b. Bob gains demand deposits c. There will be more demand deposits in the banking system d. Both "a" and "b" are correct answers e. Both "a" and "e"are correct answers f. Both "b" and "c" are correct answers g. All of "a", "b", and "c"are correct answers h. None of the above answers are correct 26. 27.In the space provided below, use the appropriate balance sheets to show why you selected your answer to the previous 2 questions. Be careful to label each balance sheet, the accounts which are changing, and the direction of change in the accounts. Include the balance sheets for Joc, Bob, Bank A, Bank B, Bank C. and the Federal Reserve Bank
Based on the the answers of 25 and 26. Could you please answer just 27. thanks
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