Which of the Following Statements Is True

question 37

Multiple Choice

Which of the following statements is true?

• A)All banks are required to comply with the liquidity coverage ratio by 2015 and will need to hold high-quality liquefiable assets that can be converted to cash to meet liquidity needs for 5 days.
• B)All banks are required to comply with the liquidity coverage ratio by 2015 and will need to hold high-quality liquefiable assets that can be converted to cash to meet liquidity needs for 30 days.
• C)Large banks are required to comply with the liquidity coverage ratio by 2015 and will need to hold high-quality liquefiable assets that can be converted to cash to meet liquidity needs for 30 days, whereas small banks will only need to meet liquidity needs for 5 days.
• D)These days only small banks are subject to the liquidity requirement.

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Definitions:

Low-Ability Workers

Individuals with limited skills or qualifications, often facing difficulties in competitive job markets.

Minimum Wage

A legislative baseline salary per hour that employers must pay their employees, aiming to reduce poverty and ensure basic financial security.

Unemployed Workers

Individuals in the labor force who are without a job and are actively seeking employment.

Demand D1

This represents a specific demand curve in economic analysis, showing the relationship between the price of a good and the quantity demanded.