Case WD 5-2 Ron Is Preparing a Price List to Pass

question 45

Multiple Choice

Case WD 5-2 Ron is preparing a price list to pass out to customers. He will use tab stops to help with the formatting. At the top of the page, Ron wants to add a title, and have it centered. To help, he chooses to use the ____.

• A) Align tab stop
• B) Center tab stop
• C) Middle tab stop
• D) Justify tab stop

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Definitions:

Fed's Legal Reserve Requirements

The minimum reserves each bank must hold to customer deposits and notes, as mandated by the Federal Reserve.

Reserve Requirement

The amount of funds that a bank must hold in reserve against deposits made by its customers, a regulatory measure to ensure banks can meet withdrawal demands.

Deposit Multiplier

The ratio that measures the potential impact of a change in banking reserves on the money supply, indicating how much money banks can create with each dollar of reserves.

Fed Funds Rate

The interest rate at which depository institutions lend reserve balances to other depository institutions overnight, a vital monetary policy tool used by the Federal Reserve.