The Larger the Desired Reserve Ratio

question 26

Multiple Choice

The larger the desired reserve ratio,

• A)the greater the increase in the money supply for an increase in bank deposits.
• B)the more apt there will be currency drains.
• C)the smaller the maximum money multiplier.
• D)the more difficult for the Bank of Canada to control the money supply.

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Definitions:

Job Enrichment

The process of making a job more satisfying and engaging by adding more meaningful tasks and giving employees more control over their work.

Job Breadth

The range and variety of tasks, duties, and responsibilities that a job encompasses.

Job Sharing

Job sharing is where one full-time job is split between two or more persons who divide the work according to agreed-upon hours.

Job Rotation

Job rotation increases task variety by periodically shifting workers among jobs involving different tasks.