Which of the Following Is an Essential Function Performed by Banks

question 144

Multiple Choice

Which of the following is an essential function performed by banks?

• A) Transferring funds from spenders to savers.
• B) Transferring funds from savers to spenders.
• C) Keeping the money supply constant.
• D) Lending funds to the Federal Reserve.

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Definitions:

Specific Fears

Specific Fears refer to intense, irrational fears related to specific objects, situations, or activities, which can significantly impact an individual's daily life and well-being.

Little Albert

An early 20th-century experiment by John B. Watson and Rosalie Rayner that demonstrated classical conditioning in humans, specifically showing how a child could be conditioned to fear a white rat.

Debilitating Disorder

A health condition that severely affects one's ability to perform everyday activities.

Generalization

Generalization is the process of deriving general principles from specific instances.