Answer: The simple money multiplier becomes smaller as less money is loaned out
Explanation:
In the money creation process, the simple money multiplier assumes that thee are no excess reserves that are held by the banks and that there are no currency being held by the public.
The consequence of a bank holding excess reserves will be that the simple money multiplier will become smaller when less money is being loaned out. There will be less money in circulation when excess reserves are held by the banks. This will result in the money multiplier to be smaller.
Unity of Direction states that a particular team of employees with the same goals as well as the same objectives need to work together to achieve those common goals for the success of the company. It has facilitated several organizations in achieving the objectives of firms that they want to have in the industry.
Answer: Product advertising focuses on promoting specific individual products, while institutional advertising focuses on promoting your overall brand.
Explanation:
