Hardware Consists of Electronic Components and Related Gadgetry That Input,process,output,and

question 74

True/False

Hardware consists of electronic components and related gadgetry that input,process,output,and store data according to instructions encoded in computer programs or software.

---

Definitions:

Decrease Deposits

A reduction in the amount of funds deposited in banks or financial institutions, often indicating a shift in savings or investment strategies.

Excess Reserves

The reserves that banks hold over and above the legal requirement set by the central bank, available to lend or invest.

Income-producing Assets

Assets that generate revenue over time, such as rental properties, stocks, or bonds.

Banking Regulators

Agencies or bodies responsible for overseeing banks and ensuring the stability, safety, and compliance of the banking sector.