The Difference Between Actual Reserves and Desired Reserves Is

question 60

Multiple Choice

The difference between actual reserves and desired reserves is

• A)excess reserves.
• B)illegal reserves.
• C)borrowings from the Reserve Bank.
• D)net worth.

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Definitions:

Napoleon

A French military leader and emperor who rose to prominence during the French Revolution and led several successful campaigns during the Napoleonic Wars.

Expedition

An organized journey or voyage undertaken by a group of people with a particular purpose, especially that of exploration, research, or war.

Deir El-Bahri

An architectural complex in Luxor, Egypt, notably the site of Hatshepsut’s mortuary temple, showcasing the pinnacle of ancient Egyptian architectural and artistic ingenuity.

Mortuary Temple

In Egyptian architecture, a temple erected for the worship of a deceased pharaoh.