When a Bank Repays a _________________ Loan,the Fed _____________________ the Bank's

question 20

Multiple Choice

When a bank repays a _________________ loan,the Fed _____________________ the bank's reserve account.

• A) overnight; subtracts the repayment from
• B) overnight; adds the repayment to
• C) discount; adds the repayment to
• D) discount; subtracts the repayment from

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Definitions:

Organizational Effectiveness

The measure of a organization's ability to achieve its goals and objectives in an efficient and productive manner.

Satisfied Customers

Customers who have their needs and expectations met or exceeded by a company's products or services, which often leads to repeat business and positive word-of-mouth.

Bottom-line Profits

The net income a company earns after all expenses and taxes have been deducted from total revenue.

Organization Chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.