Table 141
Monetary Aggregates of the U

question 147

Multiple Choice

$\begin{array}{|l|r|}\hline {\text { Item }} & \text { Amount } \\\hline \text { Cash held by public } & \$ 250 \text { billion } \\\hline \text { Transactions deposits } & \$ 1,000 \text { billion } \\\hline \text { Required reserves } & \$ 150 \text { billion } \\\hline \text { Excess reserves } & \$ \quad 0 \text { billion } \\\hline \text { U.S. bonds held by public } & \$ 1,000 \text { billion } \\\hline\end{array}$
Table 14.1
Monetary Aggregates of the U.S. Financial System Assume an original balance sheet: Refer to Table 14.1.If the Fed buys $10 billion in bonds from the public,all of the following are true except

• A)The public will still hold $990 billion worth of bonds.
• B)M1 will increase initially by $10 billion.
• C)The discount rate will rise.
• D)None of the choices are correct.

Understand the principles and effectiveness of different team decision-making techniques including the nominal group technique, brainstorming, and critical evaluation roles.

Recognize the characteristics and benefits of virtual teams and how they differ from traditional teams.

Distinguish between different types of teams within organizations and their unique functions.

Illustrate how teams contribute to organizational goals and productivity.

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Definitions:

Political economy

An interdisciplinary field that examines the relationship between politics and economics, focusing on how political institutions, the political environment, and the economic system influence each other.

Power mongering

The practice of seeking to acquire and maintain an excessive amount or concentration of power, often for selfish or corrupt purposes.

Subordinated people

Individuals or groups that are placed in a lower rank or position, often facing social, economic, or political inequalities compared to dominant groups in society.

Legitimacy

The recognized right or acceptance of an authority, rule, or agreement as valid and proper.