The Manager of the Bank Where You Work Tells You

question 350

Multiple Choice

The manager of the bank where you work tells you that your bank has $5 million in excess reserves. She also tells you that the bank has $300 million in deposits and $255 million dollars in loans. Given this information you find that the reserve requirement must be

• A)50/255.
• B)40/255.
• C)50/300.
• D)40/300.

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Definitions:

Normative Decision Model

A framework that outlines how to choose the best decision-making process based on the situation, including considerations of leadership style and team involvement.

Utility

In economics, it refers to the total satisfaction received from consuming a good or service, measured to understand consumer choices and preferences.

Gender

refers to the socially constructed roles, behaviors, activities, and attributes that a particular society considers appropriate for men and women.

Leadership

The act of guiding or influencing a group towards achieving its goals through direction, motivation, and implementation of effective strategies.