"Excess Reserves" for a Commercial Bank Refer to

question 101

Multiple Choice

"Excess reserves" for a commercial bank refer to

• A)any surplus in the bank's supply of gold.
• B)any surplus of chequable deposits.
• C)any reserves (cash or deposits with the Bank of Canada)that the bank holds over and above its desired reserves.
• D)reserves (cash or deposits with the Bank of Canada)that the Bank of Canada requires the bank to hold.
• E)excess demand for money from that bank.

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Definitions:

Geoffrey Moore

An American organizational theorist, management consultant, and author known for his work on the technology adoption life cycle and marketing strategies for high-tech products.

Chasm

A significant gap or barrier that must be overcome, often used metaphorically in business and technology adoption contexts.

Technology Adoption Life Cycle

A model in sociology which explains how a new product or innovation is adopted or accepted, based on the demographic and psychological traits of specific groups of adopters.

Market Opportunity

The degree of customer or market demand for a specific product application.