Which of the Following Statements Is Not Correct

question 64

Multiple Choice

Which of the following statements is not correct?

• A)The actual cash reserves of a chartered bank equal its excess plus its desired reserves.
• B)A bank's assets plus its net worth equal its liabilities.
• C)When borrowers repay bank loans, the supply of money is reduced.
• D)A single chartered bank can safely lend an amount equal to its excess reserves.

---

Definitions:

Big Five

A model describing human personality traits in terms of five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A characteristic of personality defined by feelings of emotional unpredictability, nervousness, being easily upset, concern, and melancholy.

Testis-Determining Factor

A protein coded by the SRY gene on the Y chromosome that triggers the development of the male phenotype, including testes formation, in mammals.

Testosterone

A steroid hormone that plays a key role in the development and maintenance of male physical characteristics, as well as influencing mood, energy levels, and sexual function.