Answer:
The correct answer is letter "A": efficiency and quality.
Explanation:
Efficiency and quality were the main focuses to drive companies to the maximization of productivity during the 20th century. This movement was spread among the U.S. and Britain based on the idea that all organizations' efforts should be driven to eliminate corporate waste and inefficiency.
One of the most recognized characters of this idea was American economist Frederick Winslow Taylor (1856-1915) father of "<em>Scientific Management</em>" who looked for increasing productivity by increasing employee prosperity.
Answer:
D. A predominately capitalist approach toward achieving economic goals, but the current pressures it faces suggest it is likely to adopt a more socialist approach in the future.
Explanation:
Goldinia applied a capitalist approach based on low taxes, almost no regulation in business activities and implementing only modest social programs. The goal was to let capitalist activity (market, production, business, etc.) be and let it develop. It is not pure capitalist but predominately capitalist approach, as taxes do exist, there are regulations for businesses and there are social programs, although modest.
However, the government now is receiving pressure to introduce more regulations for cleaning up the environment and reduce the inequalities in income and wealth, which are socialist measures... so it could adopt a more socialist approach in the future.
When some one or something solves the problem
To a macroeconomist savings occurs when a person's income exceeds his consumption while investment occurs when a person or firm purchases new capital such as a house or business equipment.
Answer:
The correct answer is letter "C": if depository institutions are short of reserves, they can borrow from the Fed.
Explanation:
The Federal Reserve (Fed) is the central bank of the United States and is in charge of reviewing and passing monetary policies, regulations on banks and supervising their activities. The Fed serves as a lender of last resort in cases when banks cannot meet their minimum financial obligations and there is risk the collapse of those financial institutions will affect the overall economy.
Therefore, <em>if a depository entity is short of reserves, other banks must be the first resource of aid but if the institution cannot get the funds from other banks, the Fed acts as the last resource the depository entity could rely on.</em>
