Sir Isaac Newton, a Major Contributor to Modern Science, Proposed

question 58

Multiple Choice

Sir Isaac Newton, a major contributor to modern science, proposed the three laws of motion and the law of gravity. Which of the following best describes his law of gravity?

• A)Every object has inertia.
• B)Every object in the Universe attracts every other object.
• C)When force acts on a mass, it causes the mass to change speed or direction.
• D)For every action there is an equal and opposite reaction.

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Definitions:

Time Deposits

A type of bank deposit that has a specified time of maturity and typically offers a higher interest rate than a savings account, with penalties for early withdrawal.

Reserve Requirements

Reserve requirements refer to the amount of funds that a bank must hold in reserve against deposits made by customers, set by central banks to ensure liquidity.

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, often held in the central bank to lend to other banks or as currency in circulation.

Required Reserves

The minimum amount of funds that a bank is required to hold in reserve against deposits, as mandated by central banking regulations.