Table 9-4 Acme Bank: Partial Balance Sheet

question 199

Multiple Choice

Table 9-4
Acme Bank: Partial Balance Sheet
(All figures in $ million)

-Refer to Table 9-4. Assume Acme Bank initially has no excess reserves. If Guevara withdraws $6,000 from her checking account at Acme Bank, which of the following will occur?

• A) Acme's excess reserves are reduced by $6,000.
• B) Acme will have excess reserves of $2,000.
• C) Acme will have a required reserve deficiency of $3,000.
• D) Acme will have a required reserve deficiency of $5, 400.

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Definitions:

Fetishism

A form of sexual interest or arousal that is derived from specific objects, body parts, or situations not conventionally associated with sexual activity.

Pedophilic Disorder

A psychiatric disorder characterized by an adult's sexual attraction to prepubescent children, marked by persistent, intense desires that may lead to harmful behaviors.

Sexual Contact

Any form of physical interaction between individuals involving sexual organs or the transmission of bodily fluids, which can lead to sexual arousal or satisfaction.

Minor

A person under the age of majority, legally considered as not yet fully responsible for their actions.