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1 year ago

The __________ decision making model assumes incomplete information and bounded rationality.

Business

1 answer:

forsale [732]1 year ago

4 0

The correct answer is Administrative decision making model.

The Administrative decision making model assumes incomplete information and bounded rationality.

<h3>What is Administrative decision making model?</h3>

The theory of decision making was given by a famous psychologist, economist and sociologist. His name was Herbert Simon.
He even received a Nobel Prize in Economics.
The Administrative decision making model is a kind of a descriptive model.
It gives us an overview of how people and managers actually make decisions in difficult situations.
Another kind of model that Simon gave was the Rational decision making model.
It is when people use the available facts and information to make their decisions.

To learn more about Administrative decision making model visit: brainly.com/question/26866373?

#SPJ4

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Suppose that you are a member of the Board of Governors of the Federal Reserve System. The post 2008 economy is experiencing a s

DedPeter [7]

I will recommend a contraction of the money supply by increasing the revenue ratio or discount rate or selling bond.

I will also recommend a contraction of the money supply which would reduce the lending ability of the banking system, increase the real interest rate and reduce investment spending, aggregate demand and inflation.

<h2>Further Explanation</h2>

Supposing I am a member of the board of governors and the economy is experiencing a sharp rise in the inflation rate, I will suggest to other members and recommend a contraction of the money supply by increasing the discount rate.

The discount rate refers to an interest rate that is charged when commercial banks borrow money from the Federal Reserve System.

Also, it is required of all banks in the United States to set aside a particular percentage of their deposits in reserve.

The Federal Reserve System was created in 1913 and it is the central bank of the United States. The structure of the Federal Reserve System is made of the Board of governors and 12 Federal Reserve banks

Some of the core functions of the Federal Reserve board include

They regulate the money supply with monetary policy
They control the affairs of the financial institutions
They control the checking clearing procedures in both regional and national.

Learn more about the federal reserve system at:

brainly.com/question/10906598

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3 years ago

Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, whi

____ [38]

Answer:

"$52,000" is the correct answer.

Explanation:

Given:

This year income,

= $40,000

Next year income,

= $60,000

Market interest rate,

= 10%

or,

= 0.1

Now,

The next year consumption will be:

= $[40,000 - 30,000 - 50,000]\times 1.1 + (60,000 + 36,000)$

= $-40,000\times 1.1+96000$

= $-44000+96000$

= $52000$ ($)

8 0

3 years ago

Tableau DA 3-4: Quick Study, Classifying balance sheet items LO C3 The CEO of Jisko requests our help in preparing year-end fina

chubhunter [2.5K]

Www

Hope this helped!

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3 years ago

Additional information: During the year, $70 of common stock was issued in exchange for plant assets. No plant assets were sold

stepan [7]

Answer:

Net increase in cash = $650

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf for the complete question.

Also note: See the attached excel file for the statement of cash flows using the indirect method.

From the attached excel file, we have:

Net cash flow from operating activities = $830

Net cash flow from investing activities = $30

Net cash from financing activities = -$210

Net increase in cash = $650

Download xlsx

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3 years ago

Which of the following is not a cost typically associated with owning a car?

Tom [10]

Your answer would be #3 - wear and tear fees

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4 years ago

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