The Largest Liability Item in the Federal Reserve Banks' Consolidated

question 336

Multiple Choice

The largest liability item in the Federal Reserve Banks' consolidated balance sheet (as illustrated in the book, for April 2016) is

• A)Treasury deposits.
• B)Federal Reserve notes.
• C)reserves of commercial banks.
• D)loans to commercial banks.

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Definitions:

Self-Actualization Needs

The highest level in Maslow's hierarchy of needs, representing the need for personal growth and fulfilling one's potential.

McGregor's Theory X

A management theory assuming that employees are naturally unmotivated and dislike work, leading managers to take a controlling approach.

Higher-Order Needs

Refers to psychological needs that are related to the self-actualization and personal growth of an individual, as highlighted in Maslow's hierarchy of needs.

Benevolents

Individuals who exhibit a disposition to do good and to act with kindness and charity.