The Required Compensating Balance Is Usually Computed as A

question 105

Multiple Choice

The required compensating balance is usually computed as a:

• A) percentage of customer loans outstanding.
• B) factor of accounts receivable.
• C) the bank's commitment to LIBOR.
• D) pledge of inventory value.

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Definitions:

Neo-Marxism

An approach that applies Marxist theories and methods to contemporary issues, emphasizing culture, ideology, and the role of the state.

Urban Proletarian

A member of the working class who lives in an urban area, often associated with the industrial labor sector.

Agrarian

Relating to the cultivation of land or the agricultural sector of the economy.

Nationalistic Differences

Highlight the distinguishing beliefs, values, and practices that stem from strong identification with one's nation, leading to variations among countries.