When a Bank Issues a Checkable Deposit and Loans the Funds

question 44

Multiple Choice

When a bank issues a checkable deposit and loans the funds out to a business, it has transformed

• A)a financial asset for a saver into a liability for a borrower.
• B)a financial liability for a saver into a financial asset for a borrower.
• C)a short-term liability to a borrower into a long-term asset to a saver.
• D)one liability into another liability.

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Definitions:

Eugenics

A set of beliefs and practices aimed at improving the genetic quality of the human population, often associated with morally controversial and discriminatory policies.

Population

The total number of people inhabiting a particular country, area, or place.

Eugenics

A set of beliefs and practices aimed at improving the genetic quality of the human population, historically associated with discriminatory and unethical policies.

Anti-Immigration Groups

These are organizations or movements that oppose immigration, often advocating for stricter immigration policies and measures to limit the number of immigrants.