Ambiguous Words Should Be Avoided, Whereas Words Like "Frequently" and "Often

question 65

True/False

Ambiguous words should be avoided, whereas words like "frequently" and "often" are crystal clear.

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Definitions:

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum set by the central bank or regulatory authority.

Liquidity

Money or things that can be quickly and easily converted into money with little or no loss of value.

Profits

The financial gain that is achieved when the amount of revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the principle.