Which of the Following Is a Similarity Between Early Adopters

question 10

Multiple Choice

Which of the following is a similarity between early adopters and the early majority?

• A)Both have the potential to become opinion leaders.
• B)Both rely on group norms and values.
• C)Both desire to earn the respect of others.
• D)Both are influenced by advertising and promotions.

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Definitions:

Reserve Ratio

The portion of depositors' balances that banks must have on hand as cash.

Bank Leverage

The ratio of a bank's total debt to its equity capital, indicating the extent to which bank funding is used to finance its assets.

Bank Insolvency

A condition where a financial institution's liabilities exceed its assets, rendering it incapable of meeting its obligations.

Required Reserve Ratio

The fraction of deposits that banks are required to keep on hand as reserves, either in their vaults or on deposit at a central bank.