Banks Hold Excess and Secondary Reserves to

question 9

Multiple Choice

Banks hold excess and secondary reserves to

• A)reduce the interest-rate risk problem.
• B)provide for unexpected deposit outflows.
• C)satisfy margin requirements.
• D)achieve higher earnings than they can with loans.

---

Definitions:

Care From Relatives

Support and assistance provided by family members, such as childcare, eldercare, or aid during illness or recovery.

Grandmothers

Female grandparents, often playing important roles in childcare, family support, and heritage transmission.

Longitudinal Study

Research design that involves repeated observations of the same variables or group of individuals over an extended period of time.

Preschoolers

Young children typically between the ages of three and five years, who are often in the early stages of formal education.