Social Systems Are _____ That Interact with Their Surroundings

question 21

Multiple Choice

Social systems are _____ that interact with their surroundings.

• A) closed systems
• B) open systems
• C) isolated systems
• D) virtual systems

---

Definitions:

High Prices

Situations where the cost of goods and services are above average or expected levels.

Fed

The Fed, short for Federal Reserve System, is the central banking system of the United States, responsible for monetary policy, including regulating banks and managing the country's money supply.

Member Bank Reserves

The portion of deposits that banks must hold in reserve, either as physical cash or as deposits with the central bank, to ensure liquidity.

Issuing Bank Notes

The process by which a central bank or monetary authority prints and distributes the national currency, which serves as legal tender.