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A client who has been referred to you because of her binge drinking behaviors at the college frat parties, which has led to her blacking out on several occasions, tells you that all her friends do it, that it is a normal part of the college experience, and she doesn't know why her parents are making such a big deal out of it. Which cognitive distortion is she engaging in?
Federal Reserve
The central banking system of the United States, responsible for monetary policy, including regulating banks, managing the country's money supply, and stabilizing the financial system.
Reserve Requirement
The portion of depositors' balances that banks must have on hand as cash, ensuring banks can meet withdrawal demands.
Money Supply
The total amount of monetary assets available in an economy at a specific time, influencing inflation and economic stability.
Bank Reserves
The portion of deposits that banks are required to hold either in cash in their vaults or on deposit with a central bank, as a precaution to ensure bank liquidity.
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