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Refer to the balance sheet below for the Bank of Pecunia. Assets Foreign assets Domestic assets Liabilities $1,370 Deposits held by private banks $1,750 Currency
Refer to the balance sheet below for the Bank of Pecunia. Assets Foreign assets Domestic assets Liabilities $1,370 Deposits held by private banks $1,750 Currency in circulation $520 $2,600 Suppose the Bank of Pecunia goes to the foreign exchange market and sells $240 worth of foreign bonds. If the Bank of Pecunia is paid with with a check, fill in the new balance sheet for the Bank of Pecunia below. Assets Liabilities Foreign assets $ Deposits held by private banks Currency in circulation Domestic assets Refer to the balance sheet below for the Bank of Pecunia. Assets Foreign assets Domestic assets Liabilities $1,370 Deposits held by private banks $1,750 Currency in circulation $520 $2,600 Suppose the Bank of Pecunia goes to the foreign exchange market and sells $240 worth of foreign bonds. If the Bank of Pecunia is paid with with a check, fill in the new balance sheet for the Bank of Pecunia below. Assets Liabilities Foreign assets $ Deposits held by private banks Currency in circulation Domestic assets
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