A bank divided in different divisions for consumer banking and business banking is an example of
a. An M-form of an organization
b. A functional organization
c. An N-form organization
d. All of the above
a
You might also like to view...
"In a long-run equilibrium, price is equal to average total cost." This statement applies to
a. competitive markets, but not to monopolistically competitive markets or monopolies. b. competitive and monopolistically competitive markets, but not to monopolies. c. competitive markets, monopolistically competitive markets, and monopolies. d. None of the above is correct.
Which of the following equations represents GDP for an open economy?
a. Y = C + I + G + NX b. NX = I - G c. I = Y - C + G + NX d. Y = C + I + G
The discount rate is
a. the rate at which public banks lend to other public banks. b. the rate at which the Fed lends to banks. c. the percentage difference between the face value of a Treasury bond and what the Fed pays for it. d. the percentage of deposits banks hold as excess reserves.
Suppose that the Fed purchases a $1,000 government bond from you. If you deposit the entire $1,000 in your bank, what is the total potential change in the money supply as a result of the Fed’s action if reserve requirements are 10 percent?
A. $10,000 B. $5,000 C. $3,000 D. $2,000