Primary Reserves

question 116

Multiple Choice

Primary reserves

• A) include the cash assets of the firm under the heading "cash and balances due from depository institutions.
• B) are short term securities held by banks that are quickly converted into cash at little cost to the banks.
• C) reflects the bank's ability to meet depositor withdrawals.
• D) reflects the bank's ability to keep the value of a bank's assets greater than its liabilities.

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Definitions:

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A household comprising both parents and their offspring, residing together as one unit.

Cumulative Effects Hypothesis

The theory that the impact of multiple stressors or events accumulates over time, leading to more significant consequences than any single event.

Multiple Transitions

Experiences of undergoing several changes or passages from one state, stage, or place to another, which can affect personal development.