Suppose You Deposit $1,000 in Your Checking Account

question 97

Multiple Choice

Suppose you deposit $1,000 in your checking account. If the reserve ratio is 10%, how much of your deposit can the bank loan out?

• A) $0.
• B) $100.
• C) $900.
• D) $1,000.

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Definitions:

Refreezing

In change management, the process of stabilizing a system or organization after a change, ensuring new behaviors or processes become permanent.

Planned Change Process

A deliberately structured approach to transition individuals, teams, or organizations from a current state to a desired future state.

Unfreezing

The initial phase of change where previous behaviors, norms, or attitudes are questioned and destabilized to facilitate change.

Changing

The phase of Lewin’s planned change process where a planned change actually takes place.