A Bank Finds Itself Short of Required Reserves and Therefore

question 60

Multiple Choice

A bank finds itself short of required reserves and therefore borrows from another commercial bank. The interest rate on this loan is

• A) zero.
• B) the prime rate.
• C) the discount rate.
• D) the federal funds rate.
• E) the required reserve ratio.

Recognize various tools and scales (like SUDS and Positive and Negative Affect Schedule) in assessing client’s mood and affect.

Comprehend the importance of strength-based questions and focusing on client self-efficacy and personal resources in therapy.

Understand the characteristics and symptoms of psychological fears and phobias.

Recognize various approaches and treatments applicable to different psychological conditions and client presentations.

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Definitions:

Public Choice Economists

Economists who apply economic principles and methodologies to study and analyze political behavior and public policies.

Optimal Allocation

The most efficient distribution of resources among different possible uses that maximizes desired outcomes, such as profit or social welfare, without wasting any resources.

Deferred Costs

Expenses that are incurred but not immediately charged against income, typically spread over several accounting periods.

Rent-seeking Behavior

The practice of individuals or entities using resources to gain economic advantage from the government rather than contributing to wealth creation.