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Which of the following transactions results in North Bank destroying bank deposits in its own balance sheet? A. North Bank pays dividends to its customers.
Which of the following transactions results in North Bank destroying bank deposits in its own balance sheet?
A. | North Bank pays dividends to its customers. | |
B. | North Bank pays a coupon to its customers. | |
C. | North Bank's customer receives a salary from a depositor at another bank. | |
D. | North Bank issues a financial instrument to its customers. | |
E. | None of the above transactions destroy money in North Bank. |
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