The Sum of the Coins and Currencies in the Bank's

question 14

Multiple Choice

The sum of the coins and currencies in the bank's vault and its deposit in the Fed is called:

• A)vault cash.
• B)transaction deposits.
• C)legal reserves.
• D)required reserves.
• E)loanable funds.

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Definitions:

Security Needs

Denotes the essential protection and safety measures individuals or entities seek to ensure their well-being and safeguard against risks.

Maslow's Hierarchy

is a psychological theory proposed by Abraham Maslow that ranks human needs in a pyramid, from basic physical needs to higher-level psychological needs and self-actualization.

Organization

Any group or aggregation of individuals into a purposeful entity, such as those found in business and industry, government, and the social community; also, the process of aligning people and resources to accomplish tasks (visions, goals, initiatives, and the like).

Recognition Needs

The requirement for acknowledgment and appreciation from others, often as a motivator in workplace settings.