Table 13-2 -Refer to Table 13-2. the Reserve Requirement Is 10 Percent

question 180

Multiple Choice

Table 13-2

-Refer to Table 13-2. The reserve requirement is 10 percent and then someone deposits an additional $50,000 into the bank, then if the bank takes no other action it will

• A)have $65,000 in excess reserves.
• B)have $55,000 in excess reserves.
• C)need to raise an additional $5,000 of reserves to meet the reserve requirement
• D)none of the above is correct.

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Definitions:

Indirect Service

Indirect Service refers to supporting activities or interventions that do not involve direct interaction with the beneficiaries, but instead focus on broader system changes or support tasks.

Service Clubs

Organizations whose members meet regularly to perform charitable works, either by direct hands-on efforts or by raising money for other organizations.

Caseloads

The number of cases or clients handled by a practitioner, social worker, or organization at any given time.

Effectiveness

The degree to which a program, intervention, or method achieves its intended outcomes or goals.