A Manager Who's Adopted a "Hands-Off" Approach and Provides Relatively

question 10

Multiple Choice

A manager who's adopted a "hands-off" approach and provides relatively little direction to subordinates,is practicing a _____ leadership style.

• A)laissez-faire
• B)democratic
• C)autocratic
• D)transactional

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Definitions:

Money Creation

The process by which the money supply of a country is increased through the activities of its central bank and commercial banking system.

Banking System

The network of banks and financial institutions that provide banking services, including deposits, loans, and currency exchange.

Required Reserve Ratio

The minimum percentage of deposits that a bank must hold in reserve and not lend out.

Excess Reserves

Funds that banks hold over and above the required reserve ratio set by the central bank, often earning interest.