The Actual Multiplier Is Often Less Than What One Would

question 60

Multiple Choice

The actual multiplier is often less than what one would calculate using the desired reserve ratio because

• A)some loans earn more interest than other loans.
• B)people may keep cash and banks may keep excess reserves.
• C)there may already have been some excess reserves in the banking system.
• D)banks keep some of their desired reserves as vault cash.

Identify and explain different types of correlations between variables.

Recognize the importance of blinding participants in an experiment to prevent bias.

Define the terms "population" and "sample" in the context of a study.

Understand the objections to claims of extrasensory perception.

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Definitions:

Consistency

Refers to the quality of being uniform, stable, and unchanging over time.

Internal Causes

are reasons or factors within an organization that lead to a particular outcome or effect, often related to its processes, structures, or people.

Causal Attributions

The process by which individuals explain the causes of behavior and events, influencing how they perceive and interact with the world.

Perceiver

An individual who observes and interprets stimuli from the environment, forming perceptions that influence their understanding and interaction with the world.