In Simon Sinek's Ted Talk, he said "Great leaders would never sacrifice the people to save the #'s, they would rather sacrifice the #'s to save the people" In his example he used the Barry Wehmiller corporation. They lost 30% of their manufacturing orders overnight in the Great Recession at a cost of $10M. BobChapman, (CEO) took what steps to help save the company and reduce the monetary deficit Laidoff so workers, saved $10M and morale went down O Reorganized all departments, cut middle managers, saved $10M and morale went down Furloughed the newest hires (unpaid) saved $10 and morale went up o Furloughed every employee weeks (unpaid and they could choose when) saved $20M and morale went up At its last meeting July 29, 2020, The Fed did what with the Target Range for the Federal Funds Rate Increased O Decreased Remained constant Asked the President to change rates