Reserve Requirements

question 97

Multiple Choice

Reserve requirements:

• A) set the maximum amount of reserves a bank must hold.
• B) set the minimum amount of reserves a bank must hold.
• C) are established by the federal government.
• D) are set by the Canadian Bankers Association.

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Definitions:

Logistic Growth

Population increase that results in an S-shaped curve; growth is slow at first, steepens, and then levels off due to environmental resistance.

Ecology

Study of the interactions of organisms with other organisms and with the physical and chemical environment.

Environmental Resistance

The combined physical, chemical, and biological limiting factors that restrict the growth, abundance, or distribution of an organism or a population within an environment.

Communities

Social groups of any size whose members reside in a specific locality, share government, and often have a common cultural and historical heritage.