Capital Notes

question 103

Multiple Choice

Capital notes:

• A)are subject to reserve requirements
• B)are assets of the banks that issue them
• C)are always subordinated to the claims of bank depositors
• D)reflect short-term borrowing on the part of the bank

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Definitions:

Biological Children

Children genetically related to their parents, as opposed to adopted children.

Childfree

The decision or condition of not having children by choice, focusing on personal, social, or environmental reasons.

Same-Sex Couple

A romantic partnership between two individuals of the same sex or gender identity.

Social Development

The process by which individuals learn to interact with others and to function successfully within society.