A Bank Creates Money by

question 521

Multiple Choice

A bank creates money by

• A) lending its excess reserves.
• B) purchasing currency from the Federal Reserve.
• C) buying bonds from the Federal Reserve.
• D) printing more checks.

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Definitions:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Inferior

Lower in rank, quality, or status; often implies being of lesser value or importance than something else.

Laissez-Faire Racism

Maintaining the status quo of racial groups by persistent stereotyping and blaming of minorities for achievement and socioeconomic gaps between groups.

Negative Stereotyping

The act of assigning adverse and often unfair beliefs onto individuals or groups based on their presumed characteristics.