Which Asset Is Sometimes Referred to as a Bank's Secondary

question 133

Multiple Choice

Which asset is sometimes referred to as a bank's secondary reserves?

• A) vault cash
• B) U.S. government securities
• C) repurchase agreements
• D) federal funds

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Definitions:

Accommodation

The process of adjusting or adapting cognitive schemas to integrate new information, or physical provisions made for housing.

Organization

The structured arrangement of components, applicable to entities ranging from businesses to biological systems, to achieve specific goals or functions.

Assimilation

The cognitive process in which new information is absorbed and integrated into pre-existing knowledge structures and frameworks.

Sensorimotor Stage

The first of Piaget's stages of cognitive development, spanning from birth to about 2 years, where infants learn about the world primarily through sensory experiences and manipulating objects.