Ronald McDonald Houses Are an Example of

question 44

Multiple Choice

Ronald McDonald Houses are an example of

• A)altruistic corporate social responsibility.
• B)reduction in shareholder value.
• C)vertical integration.
• D)strategic corporate social responsibility.

---

Definitions:

Excess Reserves

The reserves that banks hold over and above the legally mandated minimum to meet withdrawal demands.

Federal Reserve Open Market Committee

The branch of the Federal Reserve System responsible for influencing money supply and credit conditions through the trading of government securities.

Board of Governors

The executive leadership of the Federal Reserve System, responsible for the formulation of monetary policies in the United States.

Federal Reserve

The central banking system of the United States, responsible for setting monetary policy.