Answer: Keynesian Economic Theory
Explanation: The policy adopted by the President was to cut back taxes and increase government spending on road, bridges and schools. This policy of the government is called the expansionary fiscal policy which is used to combat an economy suffering from recession. The Keynesian theory also supports the argument that when an economy is suffering from recession, economic output is influenced by aggregate demand. Thus, the government and use its fiscal policy tools to bring the economy out of recession. It also supports that the Fed can also use its monetary policy to bring the economy out of recession. But since here taxes and government spending are uses, we can say that Obama was a proponent of Keynesian Economic theory.
Answer:
D.The value of money does not increase or decrease as time passes.
Answer:
what is the question it is not any questions
Answer:
Employees will take less pride in their job.
Explanation:
Customer relationship management (CRM) typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.
Simply stated, CRM is a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.
A good customer service involves providing a timely, upbeat, and quality level of service, as well as attentive feedbacks to the customers that patronizes an organization. Thus, it ensures that the needs or wants of the customers are attended to in a matter that reflects positively on an organization.
This ultimately implies that, employees taking less pride in their job is not a result of good customer service because they are groomed to enjoy proffering solutions to the buying-selling related problems faced by a customer, especially those that are within their capacity to solve.
Answer:
a decrease in the currency-deposit ratio causes the M1 money multiplier to <u>DECREASE</u> and the money supply to <u>DECREASE</u>.
Explanation:
The currency-deposit ratio measures how much currency the banks' clients hold in the banks. A decrease in the currency-deposit ratio will always decrease the money multiplier because banks will hold less money. Inversely, an increase in the currency-deposit ratio will increase the money multiplier.
Banks "create" money when they receive deposits and then lend them to other clients, but if the amount of deposits decreases, the bank's money creating capacity decreases.