"I Really Want to Believe That My Vague Recollection of an Incident

question 277

Multiple Choice

"I really want to believe that my vague recollection of an incident that occurred at Disneyland as a preschooler is true, but that doesn't mean that it is true." Which of the following critical thinking guidelines does this example illustrate?

• A) examine the evidence
• B) define your terms
• C) don't oversimplify
• D) avoid emotional reasoning

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Definitions:

Federal Funds Market

A financial market that allows banks to borrow or lend excess reserves to one another, usually on an overnight basis.

Liquidity

The simplicity of transforming an asset into cash without impacting its market value.

Profitability

A measure of the efficiency and financial success of a company, typically evaluated through ratios such as net profit margin or return on investment.

Required Reserves

The portion of deposits that banks are required to keep on hand and cannot lend out, typically mandated by a central bank.