If There Is No One Who Is Interested in Borrowing

question 92

Multiple Choice

If there is no one who is interested in borrowing from a bank:

• A) the bank's excess reserves will be zero.
• B) there will be no process of money creation.
• C) the required reserve ratio must be equal to zero.
• D) the required reserve ratio must be equal to 100 percent.

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Definitions:

Symbolic Benefits

The intangible advantages that a product or service provides to the consumer, including prestige, status, or a sense of belonging.

Customer Satisfaction

The measure of how products and services supplied by a company meet or surpass customer expectation.

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A promise or assurance given by a company that a customer will be pleased with a product or service, or a refund or replacement will be offered.

Strategic Point

A critical factor or position within a strategic plan that can significantly influence the success or failure of said plan.