The Purpose of Regulation Q, Which Prevented Banks from Paying

question 260

True/False

The purpose of Regulation Q, which prevented banks from paying interest on checking accounts, was to prevent unhealthy competition between banks.

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Definitions:

Initiating Structure

A leadership behavior characterized by the organizing, structuring, and defining of roles, tasks, and objectives for team members.

Consideration

The extent to which a leader is approachable and shows personal concern and respect for employees.

Leader Reward Behaviour

The leader’s use of compliments, tangible benefits, and deserved special treatment.

Emotional Stability

The ability to remain calm and composed, especially in stressful situations, reflecting resilience and psychological health.