Sweep Accounts

question 3

Multiple Choice

Sweep accounts

• A)have made reserve requirements nonbinding for many banks.
• B)sweep funds out of deposit accounts into long-term securities.
• C)enable banks to avoid paying interest to corporate customers.
• D)reduce banks' assets.

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Definitions:

Participating Style

A leadership approach that involves seeking input and sharing decision-making responsibilities with others, particularly team members.

Situational Leadership Model

A leadership theory proposing that the most effective leadership style varies according to the readiness or development level of the people being led.

High Relationship Behavior

Leadership behavior focused on creating positive relationships, involving support, encouragement, and communication with team members.

Inspirational Motivation

The ability to inspire and motivate others towards achieving shared goals or visions through positive reinforcement, enthusiasm, and emotional appeal.