In a System with 100-Percent-Reserve Banking

question 80

Multiple Choice

In a system with 100-percent-reserve banking:

• A) all banks must hold reserves equal to 100 percent of their loans.
• B) no banks can make loans.
• C) the banking system completely controls the size of the money supply.
• D) no banks can accept deposits.

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Definitions:

OCA2

OCA2 refers to a gene related to pigmentation in humans, mutations of which can lead to type 2 albinism.

Blood Type O

A blood group characterized by the absence of A and B antigens on the surface of red blood cells, making it the universal donor type for red blood cell transfusion.

Blood Type AB

A human blood group in the ABO system that has both A and B antigens on the surface of red blood cells and no anti-A or anti-B antibodies in the plasma.

Father

A male parent or guardian of an offspring, contributing genetic material for the offspring's development.