Answer:
B. Decreases both the money multiplier and the money supply
Explanation:
An increase in reserve requirement decreases the amount of excess reserves in the banking system. This decrease means that there will also be less money for banks to loan out. this will lead to a reduction in money supply. The money multiplier on the other hand is the how a small deposit can result in a greater increase in money supply in the economy. Money multiplier will also decrease in this case. This is how;
Money multiplier = 1 / reserve requirement .
Based on above equation, if reserve requirement goes up, the overall; fraction will be smaller hence a decrease in money multiplier.
Answer:
1. Problem-solving skills.
2. leadership skills.
3. Attention to detail.
Hope this helps you....!
Explanation:
"Policies and procedures" are the <span>components of your project plan will be affected.
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Policies and procedures are intended to impact and decide every single significant choice and moves, and all exercises occur inside the limits set by them. Techniques are the particular strategies utilized to express approaches in real life in everyday operations of the association or organization.
Answer:
New wants continue to develop and willingness to meet them is limited.
Explanation:
Scarcity arises because of -'Unlimited Wants', but 'Limited Resources' having 'Alternative Uses'.
Wants are different from needs: needs are basic but wants are not basic - eg food is need but pizza is want. So, the basic essence of wants is that they are ever increasing. Contrasting to these never ending wants, resources are unlimited & have alternative uses. Eg- Land may be used to create industries or houses, it is limited in contrast to its unlimited want.