If a Number of People Suddenly Deposit into Their Checking

question 99

Multiple Choice

If a number of people suddenly deposit into their checking accounts a great deal of cash previously kept in their pockets or at home, other things constant, their actions will

• A) create excess reserves and place banks in a position to extend additional loans, which will reduce the money supply.
• B) create excess reserves and place banks in a position to extend additional loans, which will expand the money supply.
• C) lead to higher interest rates.
• D) force the Fed to reduce its discount rate.

Differentiate between remedies available for breached contracts and conditions under which they apply.

Recognize the impact of anticipatory repudiation on contracts and the remedies available.

Identify the principles of the implied covenant of good faith and fair dealing.

Understand how courts determine the materiality of a breach and its significance.

---

Definitions:

Romantic Love

Type of love consisting of intimacy and passion.

Intimacy And Passion

Components of love in Sternberg's Triangular Theory of Love, where intimacy involves feelings of closeness, and passion involves physical attraction and sexual arousal.

Norms

Established standards of behavior and beliefs in a group or society.

Behavior

The actions or reactions of an object or organism, usually in relation to the environment or stimuli.