Answer:
c. concrete operations
Explanation:
Concrete operations: This is the third stage in the cognitive development theory which is given by Jean Piaget. This stage starts in middle childhood from the age of seven and lasts around eleven years. It is distinguished by the development of rationale, logical, and organised thinking in an individual.
According to Piaget, the concrete operations developmental stage is involved.
Answer:
If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
Explanation:
Answer:
D) Consumers are not responsible for unauthorized transactions if their cards are lost or stolen.
Explanation:
A zero liability protection is a policy where any lost card's charges are not put against the owner, keeping them free from any liability. This means that any charges or expenses after the loss of a card are not charged or put against the owner of the card.
So, the 'zero liability protection' put by financial companies means that the customers will not be held responsible for any expenses or charges made with their lost cards.
Thus, the correct answer is option D.
