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Mr Strachan (bank deposit account at Good Bank) pays his newspaper subscription to the media agency (bank deposit account at Bad Bank) with a bank

Mr Strachan (bank deposit account at Good Bank) pays his newspaper subscription to the media agency (bank deposit account at Bad Bank) with a bank transfer. Which of the following statements is correct?

A. The media agency gains ESFs.

B. The total amount of bank deposits in the financial system has decreased.

C. The total amount of central bank money in the financial system has decreased.

D. Bad Bank's ESFs are decreased.

E. Good Bank destroys bank deposits for Mr Strachan.

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