Joe Is Restructuring Departments and Is Creating Teams to Increase

question 45

Multiple Choice

Joe is restructuring departments and is creating teams to increase the effectiveness of his departments. He recognizes that the size of groups impacts their overall behavior.


-Joe is forming a fact-finding group. What would be the better group size to gain diverse input?

• A) 3
• B) 7
• C) 9
• D) 10
• E) over 12

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Definitions:

Actual Reserves

The total amount of funds that a bank has in its reserve account plus any cash on hand, used to satisfy reserve requirements.

Federal Reserve Bank

The central bank of the United States, which performs key functions in the country's financial system.

Interest Rates

The cost of borrowing money, typically expressed as a percentage, which influences economic activity by encouraging or discouraging spending and investment.

Government Securities

financial instruments issued by the government to finance its fiscal deficits, including bonds, bills, and notes, which are considered safe investments.