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
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The Economics of Money, Banking and Financial Markets, Business School Edition