19-96 the Changes Implemented by the Fed in January 2003

question 98

Multiple Choice

19-96 The changes implemented by the Fed in January 2003 to its discount window lending

• A)decreased the cost of borrowing.
• B)eased the terms of borrowing.
• C)terms of borrowing became less flexible.
• D)resulted in reduction of outstanding discount loan volumes.
• E)None of the above.

---

Definitions:

Organizational Culture

The group of collective beliefs, values, and norms guiding employees' thoughts, feelings, and actions in a company.

Disney University

A corporate training program by Disney, focusing on customer service, leadership, and company culture.

Formal Training

Structured educational programs designed to enhance the knowledge or skills of employees.

Cultural Value Statements

Declarations that communicate the core principles and ethical standards that guide the behavior, decisions, and actions of an organization or community.