Table 29-8 -Refer to Table 29-8. the Required Reserve Ratio Is 12

question 337

Multiple Choice

Table 29-8
-Refer to Table 29-8. The required reserve ratio is 12 percent and First National Bank sells $120 of its short-term securities to the Federal Reserve. This action will

• A)increase First National's reserves by $120. Its excess reserves are $240.
• B)decrease First National's reserves by $120. Its excess reserves are $0.
• C)increase First National's loans by $120. Its reserves decrease by $120.
• D)decrease First National's loans by $120. Its reserves increase by $120.

Describe the significance of problem-solving style and decision-making in personality.

Understand the different components of attitudes and how these components influence workplace behavior.

Identify and explain various personality types and their impact on job performance and organizational behavior.

Describe the concept of cognitive dissonance and its effects on individual attitudes and behaviors.

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Definitions:

Celler-Kefauver Act

A United States antitrust law passed in 1950 to prohibit certain mergers and acquisitions that could lead to a decrease in competition.

Lessen Competition

A situation or strategy in which there is a reduction in the intensity of competitive forces within a market or industry.

Patent Legislation

Laws that grant inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention without permission.

Federal Trade Commission

A federal agency established to promote consumer protection and the elimination and prevention of anticompetitive business practices.