Ortega Y Gasset Argued That Because We Can't Spontaneously Connect

question 35

True/False

Ortega y Gasset argued that because we can't spontaneously connect with modern or abstract art, we are forced to improvise new behaviors-behaviors lacking "sentiments and passions"-in order to relate to this new art.

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Definitions:

Demand Deposits

Bank accounts from which deposited funds can be withdrawn at any time without any notice to the institution, typically through writing checks.

Excess Reserves

The reserves held by banks in excess of what is required by regulations, which can be loaned out to generate additional income.

Required Reserves

The portion of depositors' balances that banks must have on hand as cash or as deposits with the central bank, mandated by the regulatory body.

Total Reserves

The sum of a bank's deposits at the central bank and the cash in its vault available for immediate withdrawal.