Table 29-7. -Refer to Table 29-7. If the Bank of Springfield Has

question 446

Multiple Choice

Table 29-7.
-Refer to Table 29-7. If the Bank of Springfield has lent out all the money it can given its level of deposits, then what is the reserve requirement?

• A)8.1 percent
• B)11.0 percent
• C)12.4 percent
• D)89.0 percent

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Definitions:

Cultural Influences

The effects that the customs, beliefs, practices, and social behavior of people within a specific culture have on their members' actions and perceptions.

Biological Influences

Factors related to genetics, brain chemistry, and physical health that affect an individual’s behavior and mental processes.