Which Statement Best Defines the Bank Rate

question 96

Multiple Choice

Which statement best defines the bank rate?

• A) It is the interest rate the Bank of Canada charges banks.
• B) It is one divided by the difference between one and the reserve ratio.
• C) It is the interest rate banks receive on reserve deposits with Bank of Canada.
• D) It is the interest rate that banks charge on overnight loans to other banks.

Identify the role of sibling conflict in developing social competence.

Understand the characteristics of different parenting styles.

Identify the methods and outcomes of specific child-rearing techniques.

Analyze the role of parental warmth and control in child development.

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Definitions:

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Media Coverage

The reporting, broadcasting, or publishing of news and information by various media outlets, such as television, radio, newspapers, and the internet.

Misinformation Effect

The phenomenon where a person's recall of episodic memories becomes less accurate due to post-event information.

Fundamental Attribution Error

It is the tendency to overemphasize personality-based explanations for others' behaviors while underestimating the role of situational factors.