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Author Question: Explain the concept of causation with the help of a simple real-life example. What will be an ... (Read 14 times)

bcretired

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on: Jun 29, 2018
Explain the concept of causation with the help of a simple real-life example.
 
  What will be an ideal response?

Question 2

A fractional reserve banking system is one in which banks hold less than 100 percent of ________ as reserves.
 
  A) shareholder equity B) securities C) deposits D) loans


iceage

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Reply #1 on: Jun 29, 2018
Answer to Question 1

Causation is a relationship between two events or states, such that one brings about a change in the other. In short, it explains the cause and effect relationship between two variables or events. For example, people who go to college learn skills that are valuable to prospective employers. So a college degree causes someone's wages to rise.

Answer to Question 2

C


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