Denise Kandel's Explanation for Why Friends Are So Similar Says

question 19

Multiple Choice

Denise Kandel's explanation for why friends are so similar says that first people seek out friendships with people who are similar to them and then

• A) the friendship stops new people from join.
• B) as they do things together they continue to influence each other.
• C) as they move through the grades, their friendships become stronger.
• D) parents exert pressure for the friends to remain together as a group.

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Definitions:

Money Supply

The Money Supply is the total amount of monetary assets available in an economy at any specific time, including cash, coins, and balances held in checking and savings accounts.

Interest Rates

The expense incurred when taking out a loan, usually shown as a percent of the total amount loaned.

Federal Funds Market

A U.S. financial market allowing banks to borrow and lend excess reserves to each other, usually overnight, at an interest rate called the federal funds rate.

Discount Window

The discount window is a central banking facility that allows financial institutions to borrow reserves, usually short-term, at a predetermined interest rate, to maintain liquidity.