Suppose That from a New Checkable Deposit,First National Bank Holds

question 52

Multiple Choice

Suppose that from a new checkable deposit,First National Bank holds two million dollars in vault cash,one million dollars in required reserves,and faces a required reserve ratio of ten percent. Given this information,we can say First National Bank has ________ million dollars on deposit with the Federal Reserve.

• A)one
• B)two
• C)eight
• D)ten

---

Definitions:

Group Effectiveness

The degree to which a group achieves its objectives, meets the needs of its members, and maintains team health over time.

Leader's Interpersonal Skills

The ability of leaders to effectively communicate, relate, and interact with others.

Path-goal Theory

A leadership theory that suggests leaders can enhance subordinate satisfaction and performance by clarifying the paths to goals and removing obstacles.

Leader Behavior

The actions and mannerisms exhibited by a person in a leadership position as they guide and manage a group of people.