The Share of Checkable Deposits in Total Bank Liabilities Has

question 66

Multiple Choice

The share of checkable deposits in total bank liabilities has

• A)expanded moderately over time.
• B)expanded dramatically over time.
• C)shrunk over time.
• D)remained virtually unchanged since 1960.

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Definitions:

Piaget

Refers to Jean Piaget, a Swiss psychologist known for his pioneering work in the field of developmental psychology and his theory of cognitive development in children.

Symbols

Representations, such as characters or images, that stand for or signify an idea, object, or relationship.

Abstractions

The process of extracting the underlying essence or general principles of a concept or an observable phenomenon, often leading to a more generalized understanding.

Formal Operational

Refers to the stage of cognitive development in Piaget's theory where individuals develop the ability to think abstractly and reason logically.