Dawn Is Concerned That There Are Not Enough Avid Quilters

question 39

Multiple Choice

Dawn is concerned that there are not enough avid quilters in Centerville to support her Quilts Unlimited store.Her business adviser suggests that she not limit her promotion to the Centerville population but also consider outshoppers.This approach is most likely to work if her store is located in a

• A)free-standing location.
• B)traditional business district.
• C)strip center.
• D)community shopping center.
• E)regional shopping center.

---

Definitions:

Required Reserve Ratios

These are central bank regulations set on the minimum amount of reserves that commercial banks must hold against deposits.

Excess Reserves

The reserves held by banks over and above the legal reserve requirement set by the central bank or regulatory authority.

Actual Reserves

The total amount of funds or commodities a bank holds at a given time, including both required and excess reserves.

Required Reserves

The minimum amount of funds that a bank is required to hold in reserve against deposits made by customers, as mandated by regulatory authorities.