Answer:
In situation where, large amounts of federal reserves enter the banking system (resulting in large amount of liquidity) but the federal reserves are withheld by the banking system it would form excess reserves. This withholding of reserves would most likely lead to the money multiplier(M1) to fall below one.
As there is a direct relationship between the banking system reserves and the money multiplier.
Answer:
Explanation:
There are a number of negative impacts globalization has had on cultural diversity, including the influence multinational corporations have on promoting a consumer culture, exploitation of workers and markets and influencing societal values. This promotes a homogeneous set of values and beliefs.