Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.
<h3>What is effectiveness?</h3>
When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.
Hence, option B holds true regarding effectiveness.
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Answer:
B. referent power is the correct answer.
Explanation:
- Referent power is the capability of a leader who has the power to influence and motivate followers.
- Referent power is power gained by those individuals who have influential and effective interpersonal relationships abilities.
- The advantage of referent power is that the referent leader has the ability to motivate and inspire the workers to be dedicated to their works.
I think it's a cashier's check...(Don't mark my words)
Answer: A. Reserves ↓: Excess reserves ↓; Loans ↓; Deposits ↓; Money supply ↓
Explanation:
The discount rate is the rate at which the Fed lends money to banks and other depository type institutions. Normally banks have a reserve requirement that the Fed requires of them which states how much they are to leave with the Fed as a reserve. Banks tend to fall short of this reserve sometimes and so can borrow from the Fed to balance it off.
If the Fed increase the rate at which these banks can borrow, they will not want to do so thus leaving their Reserves at the Fed lower than it should be. They will then use their excess reserves which is money kept in reserve more than the Fed requires, to balance off their reserve at the Fed.
As a result of this reduction in their Excess reserve, they will have less money to give out as loans. With less loans being made, people will not have as much money to deposit after taking the loans. Money supply will then fall as a whole.
