The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales. Character in the case: Person J Adequate information: The person did not find any job even after being interviewed. To determine: The work values and work styles that would be rated as very important.

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Answer 1

Question

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

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National Bank currently has $500 million in transaction deposits on its balance sheet. The current reserve requirement is 10 percent, but the Federal Reserve is decreasing this requirement to 8 percent. Show the balance sheet of the Federal Reserve and National Bank if National Bank converts all excess reserves to loans, but borrowers return only 50 percent of these funds to National Bank as transaction deposits. Show the balance sheet of the Federal Reserve and National Bank if National Bank converts 75 percent of its excess reserves to loans and borrowers return 60 percent of these funds to National Bank as transaction deposits.

The FOMC has instructed the FRBNY Trading Desk to purchase $500 million in U.S. Treasury securities. The Federal Reserve has currently set the reserve requirement at 5 percent of transaction deposits. Assume U.S. banks withdraw all excess reserves and give out loans. What is the full effect of this purchase on bank deposits and the money supply if borrowers return only 95 percent of these funds to their banks in the form of transaction deposits?

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Answer 2

Question

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

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Answer 3

Question

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

Expert Solution & Answer

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Answer 4

Question

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

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Answer 5

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

Answer 6

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

Answer 7

Chapter 2, Problem 4FPC

(a)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The work values and work styles that would be rated as very important.

Answer 8

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

Answer 9

(b)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To determine: The way by which Person J may find out the depth of interest in sales job.

Answer 10

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

Answer 11

(c)

Summary Introduction

Case summary: The Person J possesses associate degree in arts for four months and has a keen interest in sales job and after completion of graduation, was interviewed many times but not succeeded as Person J does not have any prior work experience in sales.

Character in the case: Person J

Adequate information:The person did not find any job even after being interviewed.

To suggest:Additional strategies that will help Person J to get sales job.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 2.1 - Prob. 1CC Ch. 2.1 - Prob. 2CC Ch. 2.1 - Prob. 3CC Ch. 2.1 - Prob. 4CC Ch. 2.2 - Is college worth the cost? Why or why not?Ch. 2.2 - Prob. 2CC Ch. 2.2 - Prob. 3CC Ch. 2.3 - Prob. 1CC Ch. 2.3 - Give examples of how to identify specific job...Ch. 2.3 - Prob. 3CC

Solution Summary: The author explains the importance of self-assessment in determining the depth of interest in sales job.

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Chapter 2 Solutions