If the Fed decided that virtual money should be included in money supply, we would see a situation where both <u>M1 </u><u>and </u><u>M2 increase/ rise. </u>
M1 is:
- The most liquid money instruments
- Inclusive of cash and close instruments
If virtual money was counted as money, it would increase M1 because virtual money is very liquid as it can easily be converted to cash so it would be counted as M1.
M2 would increase because M1 is part of M2.
In conclusion, both M1 and M2 would increase.
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Answer:
The establishment of social welfare programs.
Explanation:
This is the answer for Ap3x.
In the situational leadership model, the DELEGATING leadership style emerge when............. Situational leadership style involves adjustment of leadership style to specific situation to reflect employee needs. In delegating, the employee has learned all that is needed and is willing to occupy the leadership position.
Answer:
The correct answer is D) Top management
Explanation:
Top management, as the name implies, consists of those who are at the highest point in the management hierarchy. The most common positions that are part of top managament are, Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Strategist Officer (CSO). They are usually part of the Board of Directors, which answers to the shareholders.
Their task is, as the question specifies, to define the general policy of the company, including goals and strategies to achieve those goals. In a way, companies are just like nations, they have top executives like the president or the president of the senate, who define the direction in which the company/country will go.
Compatibility is an effective accounting information system refers to a system which works smoothly with the business’s employees and organizational structure.
Compatibility refers to a steady working system, which is aligned with the business employees, operations, and organizational structure. It is also the salability of any information and technology across the organizations.
Comparability is the level of standardization and effective accounting information which allows the financial statements of multiple organizations to be compared to each other. Thus, it uses hardware and software to effectively store and retrieve data.
Hence, a system not compatible with the organization is doomed to failure.
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