A Bank Has $30,000 in Deposits and Has $5,400 in Reserves

question 182

Short Answer

A bank has $30,000 in deposits and has $5,400 in reserves. What is its reserve ratio?

Identify and explain the phenomenon of sensory adaptation.

Describe the process and implications of signal detection theory.

Recognize and explain grapheme-colour synesthesia as a neurological condition.

Understand the role of physical stimuli in psychological experiences and behavior.

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Definitions:

Process

A series of actions or steps taken in order to achieve a particular end.

Rib Cage

The structure formed by the ribs and their connecting tissues, enclosing and protecting the chest cavity and its organs, like the heart and lungs.

Rib Cage

The structure of bones including the ribs, sternum, and part of the spinal column that encloses and protects the thoracic cavity and its organs.

Femur

The thigh bone, which is the longest and strongest bone in the human body, connecting the hip to the knee.