Excess Reserves Are the

question 147

Multiple Choice

Excess reserves are the

• A)same as the required reserves.
• B)amount of reserves the Fed requires banks to hold.
• C)amount of reserves held over what is desired.
• D)amount of reserves a bank holds at the Fed.
• E)amount of reserves banks keep in their vaults.

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Definitions:

Foot-In-The-Door

A persuasion technique where the persuader requests a small initial favor in hopes of making the person more likely to agree to a larger favor later.

Stereotype

A set of characteristics that people believe is shared by all members of a particular social category; a concept held about a person or group of people that is based on superficial, irrelevant characteristics.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Cognitions

Refers to the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, remembering, judging, and problem-solving.