Choose the Statement That Is Incorrect

question 121

Multiple Choice

Choose the statement that is incorrect.

• A)100 percent reserve banking is a system in which banks keep the full amount of their depositors' funds as a cash reserve.
• B)Fractional- reserve banking was invented by gold prospectors in the Canadian Yukon during the gold rush.
• C)Fractional- reserve banking is a system in which banks keep a fraction of their depositors' funds as a cash reserve and lend the rest.
• D)The Austrian School of economists say that fractional- reserve banking violates property rights because the bank has no legal right to lend a deposit to someone else.
• E)The requirement to hold 100 percent reserves lowers bank profits.

Appreciate the importance of sustainable ecosystem management in technological societies.

Comprehend the basics of energy transfer in ecosystems, including the concept of trophic levels and trophic efficiency.

Understand the significance of nitrogen fixation and other nutrient cycles for plant growth and ecosystem functioning.

Grasp the challenges and importance of maintaining biodiversity, including the role of pollinators in agriculture.

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Definitions:

Compliance

The act of conforming to or following rules, standards, or laws, or yielding to a request or desire from others.

Obedience

Following orders or directives from an authority figure without questioning.

Milgram's First Series

The initial set of experiments within Milgram's Obedience Studies focused on examining individuals' compliance to authority figures when instructed to perform actions conflicting with their ethics.

Disobedience

The act of refusing to comply with an order, law, or instruction, often resulting from moral, ethical, or personal reasons.