Answer:
the size of M1 can only be a fraction of checkable deposits.
Explanation:
fractional reserve banking system requires that a fraction banks receive as deposits from customers be kept as reserves with the central bank and the rest be made out as loans.
M1 consists of coins, demand deposits and currency in circulation. Banks determine the money in circulation by giving out loans. so the size of M1 can only be a fraction of checkable deposits.
Answer:
D) Dependency theory
Dependency theory states that rich countries exploit the people of poor countries, by using them as cheap labor, and thus are extracting a resource from the poor country and benefiting from the cheap labor by selling the goods they make at a very high profit. So in essence they are using resources of the poor country to make profit and get even more richer.
Explanation:
The answer that best fits the blank provided is AUTHORITARIAN PERSONALITY. From the term itself authoritarian, this is the kind of person who imposes superiority among others and often prejudges others. This is based on Theodor W. Adorno. Hope this helps.
Answer:
Franchise
Explanation:
Franchise is firstly permitted by government. Franchise gives authority to sell the product by the brand name which means one franchiser person gives rights to another people to use his trade name, the product rights and formulas and set the specific target in a given geographic area to another person for the benefit of the organization.