The Fed Changes Reserve Requirements from 10 Percent to 14

question 51

Multiple Choice

The Fed changes reserve requirements from 10 percent to 14 percent,thereby eliminating $750 million in excess reserves. The total change in deposits (with no drains) would be (rounded)

• A)$7.917 billion.
• B)$6.630 billion.
• C)$5.357 billion.
• D)$4.934 billion.
• E)None of these choices are correct.

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Definitions:

Hall's Model

A theoretical framework in nursing that emphasizes the importance of understanding cultural differences in patient care.

Nursing Practice

The profession or practice of providing care for the sick and infirm, including a wide range of healthcare services from preventive health measures to the care of ill, disabled, and dying people.

Interpersonal Care

Care that emphasizes the importance of therapeutic communication, respect, and understanding between healthcare providers and patients.

Unique Function

A distinct and specific role or capability that differentiates something from others.