Reserve Requirements

question 57

Multiple Choice

Reserve requirements

• A)may be set by the FOMC at whatever level they choose.
• B)may be set by the Board of Governors at whatever level it chooses.
• C)are established annually by Congress.
• D)are set by the Board of Governors within limits set by Congress.

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Definitions:

Unions

Represent the interests of employees in an industry, occupation or organisation.

Industrial Relations

Is the process of negotiation and bargaining between employers and employees.

Business Associations

Represent the interests of organisations in an industry or region.

Occupational Health

A field of healthcare that focuses on the physical and mental well-being of employees in the workplace by preventing and addressing injuries and illnesses that may arise from work activities.