Which of the Following Statements Is False

question 102

Multiple Choice

Which of the following statements is false?

• A) The multiplying capacity of primary deposits is helped by cash leakages from the banking system.
• B) The monetary base is defined as bank reserves plus currency held by the nonbank public.
• C) In contrast to the other transactions that affect reserves in the banking system, open market operations are entirely at the initiative of the Federal Reserve.
• D) All the above statements are correct.

---

Definitions:

Big Five

A psychological theory identifying five major dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Dimensions

Categories or aspects of an individual’s personality, such as openness, conscientiousness, extraversion, agreeableness, and neuroticism, that help in understanding their behavior.

Locus of Control

A psychological concept referring to the degree to which individuals believe that they have control over the outcome of events in their lives.

External Influences

Factors outside of an individual's immediate control that impact their behavior, decisions, or performance.