Banks Do NOT Need to Keep All of Their Deposits

question 181

Multiple Choice

Banks do NOT need to keep all of their deposits on hand as reserves because

• A) only a fraction of deposits are withdrawn at any one time.
• B) FDIC protects banks from excessive withdrawal demands.
• C) there is too much risk of bank robberies.
• D) they can always generate new reserves through the money creation process.

Understand the purpose and primary benefits of specific PR documents like the fact sheet, pitch letter, and news release.

Identify the key elements included in backgrounders, speeches, and Op-Eds.

Understand the importance and application of the 5 Ws and H in PR writing.

Grasp the concept of narrative elements and their importance in storytelling within PR.

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Definitions:

Justice

The ethical principle concerning fairness and the moral rightness of actions and laws.

Health Equity

The principle and goal of ensuring that everyone has the opportunity to attain their highest level of health, regardless of social, economic, or environmental disadvantages.

Fair Distribution

Fair distribution is the equitable allocation of resources, benefits, and duties among all members of a society, based on principles of fairness and justice.

Loyalty

The quality of being loyal; a strong feeling of support or allegiance to someone or something.