If a Bank Had $200 Million in Demand Deposits and Desired

question 118

Multiple Choice

If a bank had $200 million in demand deposits and desired a 40 percent reserve ratio,how much would it hold as reserves?

• A)$80 million
• B)$120 million
• C)$200 million
• D)$500 million

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Definitions:

Ellis' Three Questions

A framework proposed by Marc Ellis for evaluating the ethical and functional aspects of actions within organizations, focusing on purpose, engagement, and impact.

McClelland

Refers to David McClelland's theory on the three types of motivational needs - achievement, affiliation, and power - influencing human behavior.

Principal Needs

Refers to the fundamental requirements or essential priorities that guide decision-making and activities within an organization or project.

Herzberg's Findings

The results from Frederick Herzberg's research which identifies factors causing satisfaction and dissatisfaction in the workplace, leading to the motivation-hygiene theory.