Total Reserves Are

question 12

Multiple Choice

Total reserves are

• A) equal to required reserves plus excess reserves.
• B) equal to vault cash plus bank deposits at the Federal Reserve.
• C) an asset to banks.
• D) both b and c
• E) all of the above

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Definitions:

Cross-Cultural Communication

The process of recognizing and understanding the differences and similarities in communication styles across different cultures to enhance interaction.

Ethnocentrism

The tendency to believe that your culture or ethnicity is superior to everyone else’s.

Downward

Refers to communications or relationships that move from higher levels of hierarchy to lower levels within an organizational structure.

Communication Direction

The pathway communication follows within an organization, which can be upward, downward, or lateral.