When a Member of the Nonbank Public Withdraws Currency from Her

question 40

Multiple Choice

When a member of the nonbank public withdraws currency from her bank account,

• A) both the monetary base and bank reserves fall.
• B) both the monetary base and bank reserves rise.
• C) the monetary base falls, but bank reserves remain unchanged.
• D) bank reserves fall, but the monetary base remains unchanged.

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Definitions:

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.

Hierarchy of Needs

A theory in psychology, proposed by Abraham Maslow, that prioritizes human needs from the most basic physical demands to higher psychological desires.

Growth

The process of increasing in size, maturity, or development, often used in physical, emotional, or intellectual contexts.

Family-Centered Programs

Family-centered programs are designed to support the entire family's needs through services and activities that foster family involvement, enhancing the development and well-being of children.