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Thepotemich [5.8K]
3 years ago
15

A set of characteristics believed to be shared by all members of a social category is a ______.this tendency for early informati

on about someone weighs more heavily than later information in influencing one's impression of that person is called
Social Studies
1 answer:
Aloiza [94]3 years ago
5 0
<span>The first answer is Stereotype. A stereotype is a set of qualities or characteristics that people consider to have an individual or social group that makes them different from the rest of the individuals. Stereotypes are often exaggerated and subjective because they are not based on real evidence.


The second answer is primary effect. This phenomenon refers to the way we encode the memory; <span>we tend to remember more the first thing we learn or know about something or someone than the information acquired in the middle.

I hope my answer can help you.
</span></span>
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Government stabilizes the value (purchasing power) of money by appropriate _________ policies and effective control over the mon
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Answer: monetary policies

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The monetary policy is the economic policy used by the central bank to control the supply of money or to mop up the excess liquidity in the economy in order to achieve the objective of controlling inflation in the economy through the use of the following monetary policy instruments

Open market operation : This is used when the central bank feels that the money in circulation is too little and wants to increase it, the bank will buy treasury bill from the commercial banks and give the commercial banks money. This will increase the money in circulation. But if the central bank feels that the money in circulation is too much and it wants to withdraw some, then the central bank sells treasury bill to the commercial banks and collect money from commercial banks this will decrease the money in circulation

Bank Rate : The bank rate determined the interest rate charged by banks on its loan. If the bank rate is high, the interest rate charged by commercial banks will be high.this will discourage the people from taken loan from the bank. But when the central bank reduces the bank rate, this will also make the interest rate to be low which will encourage the people to borrow from the commercial banks.

Cash Reserves : All commercial banks are expected to keep a certain percentage of their total deposit with the central bank. If the cash deposit ratio is increased the quantity of money left for commercial banks to lend out is reduced, but if the cash deposit ratio is reduced, then the quantity of money left for commercial banks to lend out is increased.

The Directives : The central bank may give central directives to commercial banks which they must follow, for example the central bank may ask the commercial banks to give credit for agricultural and industrial expansion. This will be the immediate channels to which credit may be directed.

Special Deposits : If the central bank is so pressed and decides to decrease credit facilities or the availability of loans it may ask the commercial banks to keep special deposits with it.This is done to contract credit only.when special deposit are kept with the central bank the amount of money left with the commercial banks is reduced and this reduces their ability to give loans.

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