One of the things that every leader and businessperson needs is creativity. The boundaries of an investor's thinking and skill set are removed through creativity. As a result, entrepreneurship and creativity go together perfectly.
Entrepreneurship requires enthusiasm, willpower, tenacity, and the capacity for innovation. Running a small or medium-sized business requires a lot of courage and a little bit of madness. However, creativity should be the most significant quality.
Thinking creatively is a strategy for bringing a new perspective to issues and circumstances. It is frequently referred to as "thinking outside the box" and revolves around ignoring the more conventional, orthodox, and practical approach in favor of coming up with creative solutions to issues.
Making connections between people, products, and concepts that no one has ever made before is another example of creative thinking. It can also involve recognizing patterns where others might not be able to.
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Answer:
Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.
Explanation:
if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:
increase in money supply = additional funds x money multiplier
- money multiplier = 1 / reserve ratio = 1 / 50% = 2
- desired increase in money supply = $1 million
$1,000,000 = additional funds x 2
additional funds = $1,000,000 / 2 = $500,000
10,000-15,000 american dollars
I mean it’s always the thought that matters , anything helps
Answer:
D. All of the above
Explanation:
Saving means setting funds that you don’t want to spend now for future purposes. On the other hand, investing has to do with the purchase of assets such as stocks, real estates, bonds etc. Investment in most cases makes more money for an individual, in that it generates interest at the long run.
Therefore all the reasons listed i.e (1. need for funds to meet emergencies 2. retirement income 3. desire to leave an estate for children ) are all reasons for saving and investments