The Manager of the Bank Where You Work Tells You

question 31

Multiple Choice

The manager of the bank where you work tells you that your bank has $6 million in excess reserves.She also tells you that the bank has $400 million in deposits and $362 million dollars in loans.Given this information you find that the reserve requirement must be

• A)44/400.
• B)6/362.
• C)38/400.
• D)32/400.

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Definitions:

Later IQ Scores

Measures of intellectual ability or cognitive capacity obtained at a later stage, potentially influenced by early life experiences and education.

Visual Recognition Memory

The kind of memory shown in an infant’s ability to discriminate previously seen objects from novel objects.

Vocal Tract

The part of the human anatomy that includes the oral cavity, pharynx, nasal passages, and the structures within them, which together facilitate the production of speech sounds.

Highly Specific

Referring to something that is precisely or strictly identified or defined.