If You Transfer All of Your Currency to Your Demand

question 18

Multiple Choice

If you transfer all of your currency to your demand deposit account, then initially, M1 will ________ and M3 will ________.

• A)increase; not change
• B)not change; increase
• C)not change; not change
• D)decrease; increase

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Definitions:

Fred Fiedler's Research

A study in the field of leadership and organizational behavior, known for the contingency model that suggests the effectiveness of a leader's style is contingent on the situation.

Task-oriented

describes an approach or individual focusing primarily on completing tasks or achieving goals, often with an emphasis on efficiency and productivity.

Relationship-oriented

A leadership or management style that prioritizes the development of positive relationships among team members and stakeholders.

Democratic Style

A leadership approach that involves sharing decision-making responsibilities with team members, encouraging open dialogue and participation in the decision-making process.