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If a bank has excess reserves of $4,000 and demand deposit liabilities of $100,000,and if the reserve requirement is 15 percent,then the bank has actual reserves of
Completely Controlled
Refers to a state or situation where all aspects are governed or regulated entirely without any autonomy or randomness.
Selfish
Concerned excessively or exclusively with oneself, without regard for the well-being of others.
Psychosexual Development
Sigmund Freud's theory of the stages of child development, each characterized by a focus on pleasure from a specific area of the body, shaping personality.
Phallic Stage
A phase in Freud's psychosexual development, occurring from about ages 3 to 6, where the libido (sexual energy) focuses on the genital area.
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