An Essential Ingredient of Religion Is

question 34

Multiple Choice

An essential ingredient of religion is

• A)belief in reincarnation.
• B)no supernatural being that is the object of worship.
• C)a system of beliefs.
• D)finding enlightenment.

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Definitions:

Elastic Currency

A currency system that can expand or contract in supply to accommodate economic needs and stabilize the economy.

Secondary Reserves

Liquid assets held by financial institutions that are not used for primary obligations but can be quickly converted to cash for emergency needs.

U.S. Government Securities

Financial instruments issued by the United States Department of the Treasury to finance federal government's expenditures.

Vault Cash

Currency and coins held by a bank in its vault and used to satisfy the bank's reserve requirements.