Identify and State the Historical Significance of the Following

question 88

Short Answer

Identify and state the historical significance of the following:
-Pullman Palace Cars

Recognize the importance of belongingness and love needs in human motivation.

Understand the impact of social support on pain perception and physical health.

Appreciate the role of evolutionary theory in explaining human motivational drives.

Identify the psychological effects of social exclusion and inclusion on individuals.

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Definitions:

Excess Reserves

The reserves held by banks in excess of what is required by regulations, which can be loaned out to generate additional income.

Required Reserves

The portion of depositors' balances that banks must have on hand as cash or as deposits with the central bank, mandated by the regulatory body.

Total Reserves

The sum of a bank's deposits at the central bank and the cash in its vault available for immediate withdrawal.

Legal Reserve

The minimum amount of funds that a bank or financial institution must hold in reserve against deposits, as mandated by regulatory authorities.