The New Urbanism Tries to _______________

question 53

Multiple Choice

The new urbanism tries to _______________.

• A) keep business in a central location, near transportation centers
• B) provide low-cost, long-distance, mass transit systems
• C) develop walkable communities, with homes and businesses close together
• D) use zoning to keep small neighborhoods intact
• E) use tiered taxation to maintain inner cities as vibrant, livable communities

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Definitions:

Reserves

Funds or materials set aside or saved for future use or to cover unforeseen expenses; in banking, it refers to the fraction of deposits that a bank keeps in hand to ensure liquidity.

Deposits

Funds placed into an account at a financial institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Excess Reserves

Banking reserves that are held by a bank in excess of what is required by regulations or central bank requirements.

Required Reserves

The minimum amount of reserves a bank is mandated to hold by central banking authorities, often a percentage of the bank's deposit liabilities.