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Mrs Nichil (bank deposit account at Alpha Bank) pays her gym membership to the sport company (bank deposit account at Gamma Bank) with a bank
Mrs Nichil (bank deposit account at Alpha Bank) pays her gym membership to the sport company (bank deposit account at Gamma Bank) with a bank transfer.
Which of the following statements is correct?
A.Gamma Bank's ESFs have decreased. B.The total amount of central bank money in the financial system has decreased. C.The sport company gains ESFs. D.The total amount of bank deposits in the financial system has decreased. E.Alpha Bank destroys bank depositsStep by Step Solution
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