Consider the Different Types of Variables Shown Below

question 41

Multiple Choice

Consider the different types of variables shown below.How many would be considered demographic variables?
- age
- marital status
- household composition
- life stage

• A)1
• B)2
• C)3
• D)4

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Definitions:

Negative Excess Reserves

A situation where banks hold less in reserves than what is required by regulations, a condition that could lead to liquidity issues.

Required Reserves

The minimum amount of funds that a bank must hold in reserve against specified deposit liabilities.

Actual Reserves

Actual reserves refer to the total amount of funds that a bank has on deposit at the Federal Reserve bank of its district, plus its vault cash, constituting its total legal reserves.

Fiscal Policy

Governmental policies regarding taxation and spending to influence the economy.