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Vignette #2 Bob is committed to losing weight but knows little about nutrition. He has heard his friends discussing types of fat, such as saturated and unsaturated. He has no idea what the terms mean or how they relate to his health and diet. He also has read that the most important improvement a person can make in his or her diet is to eat less cholesterol. Let's answer these questions and help Bob understand this topic better.
Bob read an article about how fat travels in his body. He learned that ____.
Money
A medium of exchange that facilitates the transfer of goods and services, acting as a unit of account, a store of value, and sometimes, a standard of deferred payment.
Deposits
Money placed into a financial institution for safekeeping, which can earn interest over time.
Loans
Sums of money borrowed that are expected to be paid back with interest over a specified period.
100 Percent Reserve
A banking system where banks hold reserves equal to 100% of their deposit liabilities, meaning all deposits can be fully backed by liquid assets, reducing the risk of bank runs.
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