Which of the Following Is a Discretionary Factor That Will

question 26

Multiple Choice

Which of the following is a discretionary factor that will decrease a bank's daily reserves held at the Federal Reserve?

• A)Remittances charged
• B)Federal funds purchased
• C)The previous day's immediate cash letter
• D)Currency received from the Federal Reserve
• E)Deficits at the local clearinghouse

---

Definitions:

Monopoly

A market structure characterized by a single seller dominating the entire market, often leading to higher prices due to lack of competition.

Demand Curve

The demand curve is a graph showing the relationship between the price of a good and the amount that consumers are willing and able to purchase at various prices.

Consumer Surplus

The gap between what consumers are ready and can afford to pay for a product or service, versus what they actually spend.

Producer Surplus

The difference between the amount that a producer is paid for a good or service and the minimum amount they are willing to accept for it.