Select the Smaller of the Two Given Numbers $$- | - 7 | , - | - 24 |$$

question 205

Multiple Choice

Select the smaller of the two given numbers.
- $$- | - 7 | , - | - 24 |$$

• A) \(- | - 24 |\)
• B) \(- | - 7 |\)

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Definitions:

Loans

Sums of money borrowed that are expected to be paid back with interest over a specified period.

100 Percent Reserve

A banking system where banks hold reserves equal to 100% of their deposit liabilities, meaning all deposits can be fully backed by liquid assets, reducing the risk of bank runs.

Fractional Reserve System

A banking system in which only a fraction of bank deposits are backed by actual cash on hand and available for withdrawal.

Quartz

A hard, crystalline mineral composed of silicon dioxide, widely used in jewelry and as an industrial abrasive.