Answer:
Risk management planning
Explanation:
Business organizations sometimes find themselves in trouble inspite of a carefully planned project.this is due to unexpected turn of events in and around the business.business organisarions ,therefore employ and execute project risk management to counter attack potential risk.the important aspect of risk management is risk maangemnt planning.risk maangemnt planning not only identify potential problems but also analyse their behavior.they help to take remedial actions to prevent risks and minimize unexpected avoidable risks.
<span>The student's IRB should reject the project because the student is treating the prisoners as subjects and conveniences. The student is only concerned about her research and is not really worrying about the prisoners, which could be viewed as inhumane. Even if the project were approved, the student would be put into a dangerous environment which would not be wise.</span>
Answer:
A) decrease MPC, increase MPS, and decrease the multiplier so that changes in planned investment will have a smaller impact on equilibrium output.
Explanation:
When you receive money, e.g. get paid by your employer, the first thing you do is pay for your basic necessities which are classified as autonomous spending. Then hopefully you will have some money left which is classified as disposable income. You can do two things with your disposable income, either spend it or save it.
The proportion that you spend is called the marginal propensity to consume (MPC) and the remaining part that you save is called the marginal propensity to save (MPS). If the MPS was 1% in 2007 and increased to 5% in 2009, then the MPC was 0.99 in 2007 and 0.95 in 2009.
The formula to calculate the economic multiplier is 1 / MPS:
- the economic multiplier in 2007 = 1 / 1% = 100
- the economic multiplier in 2009 = 1 / 5% = 20
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