When the reserve requirement is increased:
A) there is more money for banks to lend.
B) there is an increase in the overall money supply.
C) there is increased economic activity.
D) there is less money for banks to lend.
E) the banks will pay less interest to borrow from the Federal Reserve Bank.
Question 2 - Managers at Southwest Airlines periodically analyze their salary structure for different levels of employees, as well as their mix of health and retirement benefits. These are activities in which phase of HRM?
A) Maintenance
B) Development
C) Planning
D) Training
E) Acquisition
Question 3 - Recall a time when the economy was very strong for several years, and business was booming. During that time, however, prices began to increase, and there was fear that the increase might continue for an extended period of time. Which of the following actions could the Fed have taken to counteract the increasing prices?
A) Raise the discount rate.
B) Lower the reserve requirement.
C) Buy government bonds.
D) Increase the overall supply of money.
E) Decrease overall interest rates.
Question 4 - Activities that increase employee satisfaction such as satisfaction surveys, employee communication programs, and exit interviews are all part of which phase of the human resources management process?
A) Maintenance
B) Development
C) Planning
D) Training
E) Acquisition
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