Community Bank Jeffrey Is the Training Manager for the Community Bank in Bank

question 65

Multiple Choice

Community Bank
Jeffrey is the training manager for the Community Bank in Maryland. Jeffrey has developed a training program for all new employees that emphasizes understanding the basics of money. Jeffrey and the bank's management believe that if the employees understand the basics of money, they can utilize the information in their own personal finances as well as guide and answer questions from bank customers.
The bank recently hired Laila. She was hired at a high-level position because she brought with her extensive bank management experience. Laila's responsibilities included making sure that the reserve requirement would always be met and keeping track of the interest rate that the Federal Reserve System charged for loans to member banks.
-Refer to Community Bank. One employee asked Jeffrey how much money could be found in the whole country. Jeffrey indicated that the government tracks this type of information via supply of money. What are the main measures of the supply of money?

• A) One: M₁
• B) Four: M₁, M₂, M₃, M₄
• C) Two: M₁, M₂
• D) Five: M₁, M₂, M₃, M₄, M₅
• E) Three: M₁, M₂, M₃

---

Definitions:

Q-sorting

A method used in psychology to measure an individual's subjective opinions or attitudes by sorting statements into categories.

Trait Ratings

An assessment method in which individuals are evaluated or rated based on specific personality traits or characteristics.

Clinicians

Professionals in the health care sector who are involved in the diagnosis and treatment of patients.

Judges

Persons appointed to decide the outcome of competitions, legal cases, or other disputes, based on evidence and according to established laws and principles.