Which of the Following Statements Is Correct

question 104

Multiple Choice

Which of the following statements is correct?

• A) When borrowers repay bank loans, the money supply is increased
• B) When borrowers take out bank loans, the money supply is decreased
• C) A single bank can legally lend an amount equal to its total reserves
• D) A bank can only grant loans to customers if it has excess reserves

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Definitions:

Middle Adulthood

A stage of life, typically from about 40 to 65 years of age, marked by stability, maturity, and an increased focus on personal and professional achievement.

Noncommunicable Disease

Chronic diseases not passed from person to person, often long-lasting and with slow progression, such as heart disease, diabetes, and cancer.

Uncontrolled Growth

Refers to the rapid and unchecked increase in the size or number of cells, often associated with cancer.

Reaction Time

The amount of time taken to respond to a stimulus, reflecting the speed of processing information and making decisions.