Mean Annual Temperature

question 12

Multiple Choice

Mean annual temperature

• A) is highest at the equator but decreases steadily above 10  latitude on either side of the equator.
• B) is highest at the equator but decreases exponentially above 10  latitude on either side of the equator.
• C) is highest at the equator but decreases exponentially above 50  latitude on either side of the equator.
• D) is highest at the equator but decreases linearly above 25  latitude on either side of the equator.
• E) is highest at the equator but decreases exponentially above 25  latitude on either side of the equator.

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Definitions:

Demand Deposits

Bank accounts that allow the account holder to withdraw funds without prior notice, such as checking accounts.

Deposit Expansion Multiplier

The ratio that quantifies the potential increase in total bank deposits that can result from an initial deposit, through the process of banks lending and creating more deposits.

Reserve Ratio

The fraction of deposits that banks are required to keep on hand and not lend out, as mandated by banking regulations.

Open Market Operations

The buying and selling of government securities in the open market by a central bank to control the supply of money.