Consider the Following Data: Savings Deposits = $900 Billion,currency (Held

question 103

Multiple Choice

Consider the following data: savings deposits = $900 billion,currency (held outside banks) = $453 billion,retail money market mutual funds = $1,300 billion,checkable deposits = $525 billion,traveler's checks = $5 billion,small-denomination time deposits = $400 billion.M1 equals __________ billion and M2 equals __________ billion.

• A) $530; $3,583
• B) $905; $2,678
• C) $983; $3,583
• D) $1,300; $2,283

---

Definitions:

High Performance Team

Refers to a group of people with specific roles and complementary talents and skills, aligned with and committed to a common purpose, who consistently show high levels of collaboration and innovation.

Collaborative Climate

A work environment characterized by shared goals, mutual support, and cooperative approaches to problem-solving.

Principled Leadership

A leadership style characterized by adherence to a set of moral values and principles in decision-making and action.

Norming

A stage in team development where members resolve conflicts, establish norms, and develop stronger bonds, leading to a cohesive group.