Depository Banks Borrow from Depositors Primarily on a _____ Basis

question 161

Multiple Choice

Depository banks borrow from depositors primarily on a _____ basis and lend to others on a _____ basis.

• A)short-term; long-term
• B)long-term; long-term
• C)short-term; short-term
• D)long-term; short-term

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Definitions:

Sensorimotor Stage

In Piaget’s theory, the stage (from birth to about 2 years of age) during which infants know the world mostly in terms of their sensory impressions and motor activities.

Concrete Operational

A stage in cognitive development, according to Piaget, where children aged about 7-12 years develop logical thinking but are still not capable of abstract thinking.

Motor Development

The process through which humans progress through a predictable set of movements and physical abilities throughout their lifespan.

Maturation

The process of development in which an individual reaches physical, cognitive, and emotional maturity.