If Banks Decide to Hold Excess Reserves, the Multiple Expansion

question 164

True/False

If banks decide to hold excess reserves, the multiple expansion of bank deposits will be limited.

---

Definitions:

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, leading to decreased motivation and action.

Biofeedback

A technique that trains people to improve their health by controlling certain bodily processes that normally happen involuntarily, such as heart rate.

Academic Self-concept

An individual's perception and evaluation of their academic abilities and competencies.

Relative Deprivation

The experience of feeling deprived of something to which one believes to have a right, in comparison to others perceived as having more.