Institutionalism Can Be Defined as ______

question 51

Multiple Choice

Institutionalism can be defined as ______.

• A) the study of political institutions and how they influence individual behavior
• B) the way in which institutions create normative meaning for individuals
• C) the study of paths chosen or designed early in the existence of an institution and how they tend to be followed throughout the institution's development
• D) the approach that any given political actor within an institution will feel constrained or obligated by the norms and rules of the institution

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Definitions:

Bank Credit

The total amount of borrowing capacity available to an individual or entity from a bank or other financial institutions, enabling the borrower to make purchases or investments.

Reserve Requirement

The minimum fraction of customer deposits and notes that each commercial bank must hold as reserves rather than lending out, set by the central bank.

Demand Deposits

Bank accounts from which money can be withdrawn at any time without any notice to the institution.

Time Deposits

Banking or financial instruments that require the holder to keep the money deposited for a fixed term or period of time, often offering higher interest rates than savings accounts.