Which of the Following Is Not a True Statement

question 30

Multiple Choice

Which of the following is not a true statement?

• A) Rhyolite is very dense and does not weather fast
• B) Granite is very dense and does not weather fast
• C) Granite forms steep sheer cliffs in many mountain ranges
• D) Most obsidian forms from felsic composition
• E) Yellowstone Volcano has produced multiple felsic eruptions over the past 2.1 million years

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Definitions:

Fed

Known as the Federal Reserve System, the central bank of the United States oversees the nation's monetary policy.

Depository Institution

A financial institution legally allowed to accept monetary deposits from consumers, such as banks and credit unions.

Required Reserve Ratio

The fraction of deposits that banks are required to hold in reserve, either in their vaults or at the central bank, to ensure that they can meet withdrawal demands.

Simple Money Multiplier

A formula that estimates the maximum amount of money that banking can generate with each dollar of reserves.