A Change in Interest Rates Does NOT Affect

question 119

Multiple Choice

A change in interest rates does NOT affect

• A) the reserve requirement.
• B) the currency ratio.
• C) the time deposit ratio.
• D) the level of checkable deposits.

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Definitions:

Unconformity

A geological surface that represents a gap in the geological record, often due to erosion or lack of deposition over a period of time.

Cleavage

In geology, the tendency of minerals to break along flat, parallel surfaces related to the arrangement of atoms within the mineral.

Anticline

A type of fold in the Earth's crust that is convex up and has its oldest beds at its core.

Joint

A fracture or separation in rock in which there has been no significant movement of the sides relative to one another.