A Bank Can Create Money by

question 45

Multiple Choice

A bank can create money by

• A)converting reserves into securities.
• B)lending its excess reserves.
• C)selling some of its securities.
• D)increasing its reserves.
• E)printing more cheques.

Learn about the role and significance of data in shaping marketing strategies and decisions.

Understand the concept of modernization and its global implications.

Identify the key elements and processes associated with globalization.

Recognize the diversity and dynamics of cultural policies, such as multiculturalism and its contrast.

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Definitions:

Representativeness Heuristic

The tendency to overestimate the likelihood that a target is part of a category if the person has features that seem representative of that category.

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.

Halo Effect

A cognitive bias where a positive impression in one area influences a person's perception in other areas.

Bottom-up Processing

A way of processing information where perception starts with an analysis of the basic elements and builds up to a complete perception.