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lukranit [14]
3 years ago
8

When a bank's loans are written off then the bank's?

Business
1 answer:
VladimirAG [237]3 years ago
8 0
When a bank's loans are written off, then the bank's RESERVES SHRINK WHEREAS ITS DEBTS REMAINS THE SAME. Sometimes, due to unpleasant situations, banks are forced to write off loans which they hand lend out to borrowers and which the borrower are unable to repay. This action reduces the amount of money that the bank has in its reserve.
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A

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3. the price of solar panels decreases and the quantity increases.

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