Energy Efficiency Is a Measure of

question 47

Multiple Choice

Energy efficiency is a measure of

• A) Heat produced by a barrel of fuel
• B) Energy stored in a unit of fuel
• C) Energy produced compared to energy consumed
• D) Total energy consumed over a year divided by time spent
• E) Energy used per unit of time

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Definitions:

Reserve Requirement Ratio

The fraction of deposits that banks are required to hold in reserve, either in their vaults or with the central bank, not used for loans.

Checkable Deposits

Deposits in bank accounts that can be withdrawn using checks, debit cards, or digital transactions, comprising a significant part of the money supply.

Required Reserves

are the minimum amounts of funds that banks must hold in reserve against deposits, as mandated by central banks.

Federal Funds Target Rate

The interest rate at which banks and credit unions lend reserve balances to other depository institutions overnight, guided by the Federal Reserve.