Table 141
Table $14.1$ EUBANK -Refer to Table 14

question 199

Multiple Choice

Table 14.1
Table $14.1$
EUBANK
$\begin{array}{|l|r|l|r|}\hline \text { Assets } & & \text { Liabilities and Net Worth } & \\\hline & & & \\\hline \text { Deposits at the Fed } & \$ 40,000 & \text { Checkable Deposits } & \$ 500,000 \\\hline \text { Cash } & \$ 10,000 & \text { Net Worth } & \$ 20,000 \\\hline \text { Loans } & \$ 300,000 & & \\\hline \text { Securities } & \$ 150,000 & & \\\hline \text { Fed Stock } & \$ 20,000 & & \\\hline\end{array}$
-Refer to Table 14.1 for the balance sheet of Eubank, which holds no excess reserves. Assume that the required reserve ratio is 10%. If a student deposits $10,000 in cash into his checkable deposit account, Eubank will have _____ in excess reserves.

• A) $10,000
• B) $1,000
• C) $9,000
• D) $60,000
• E) $6,000

Understand the factors that influence obedience and how to manipulate them to decrease obedience rates.

Recognize and describe various persuasion tactics, including the door-in-the-face technique, lowballing, the norm of reciprocity, and foot-in-the-door.

Identify and explain the phenomena of groupthink, social loafing, minority influence, and group polarization.

Understand the role of authority presence and legitimacy in influencing obedience, conformity, and social dynamics.

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Definitions:

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate reflection of an economy's size and growth.

Price Index

A statistical estimate constructed to measure changes in the price level of a specific basket of goods and services over a period.

GDP Per Capita

A measure that divides the country's gross domestic product by its total population, indicating the average economic output per person.

Population

The total number of individuals inhabiting a particular area or country, including both the native and any transient groups.