A Federally Qualified Health Center Must Serve an Affluent Patient

question 17

True/False

A federally qualified health center must serve an affluent patient population in order to qualify for federal subsidies.

---

Definitions:

Demand Deposits

Bank account funds that are available on demand without any delay or penalties, like those in checking accounts.

Excess Reserves

The reserves held by a bank in excess of the minimum reserve requirements set by central banking authorities.

Required Reserves

The minimum amount of reserves that banks are required to hold by law, as a safeguard against bank runs.

Demand Deposits

Bank account balances that can be withdrawn on demand without any notice, such as in checking accounts.