Match the Term or Phrase with Its Best Descriptor

question 15

Multiple Choice

Match the term or phrase with its best descriptor. Use each answer once, more than once, or not at all.
-Marine Mammal Protection Act

• A)catch limit
• B)dolphins and other mammal protection
• C)farming of commercial fish and shellfish
• D)catch size that reduces the population of target species
• E)incidental catch
• F)turtle exclusion devices (TEDs)
• G)maximum catch without reducing the population of target species
• H)available biomass of a target species

---

Definitions:

Excess Reserves

Bank reserves exceeding required reserves

Checkable Deposits

Funds kept in bank accounts that can readily be withdrawn by writing a check or using a debit card, making them a highly liquid form of money.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not lend out, in order to ensure bank stability and liquidity.

Excess Reserves

The funds that banks hold over and above the legally mandated minimum to safeguard bank liquidity, which can also be lent out.