Suppose That from a New Checkable Deposit,First National Bank Holds

question 61

Multiple Choice

Suppose that from a new checkable deposit,First National Bank holds eight million dollars on deposit with the Federal Reserve,nine million dollars in excess reserves,and faces a required reserve ratio of ten percent. Given this information,we can say First National Bank has ________ million dollars in required reserves.

• A)one
• B)two
• C)nine
• D)ten

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Definitions:

Biological Model

An approach in psychology and medicine that focuses on biological factors as the main cause of mental disorders.

Nonbiological Factors

Influences on human behavior and health that are not genetic, such as environment, social conditions, and lifestyle.

Abnormal Behavior

Actions or behaviors that deviate significantly from what is considered typical or normal within a cultural or societal context, which can indicate a psychological or mental health issue.

Psychological Conflicts

Internal struggles that result from opposing desires, impulses, or needs within an individual.