Banks Can Make Additional Loans When Required Reserves Are

question 104

Multiple Choice

Banks can make additional loans when required reserves are

• A)greater than total reserves.
• B)less than total reserves.
• C)less than total deposits.
• D)less than total loans.

---

Definitions:

Genetic Information

The data encoded in an organism's DNA, including gene sequences and their variations, which dictates the inherited traits of the organism.

Cognitive Miser

A cognitive miser is a theory in social psychology suggesting that humans conserve cognitive energy by relying on heuristics or mental shortcuts to make decisions and judgments.

Motivated Tactician

A model of social cognition that characterises people as having multiple cognitive strategies available, which they choose among on the basis of personal goals, motives, and needs.