Unlike the NGT, the Delphi technique involves creating a series of open-ended questions for group members.
Explanation:
An open-ended query is not replied by a "yes" or "no" answer or by a set answer. Questions open to the public are presented as a declaration requesting a response. The solution is equivalent to knowledge that the questioner is already acquainted with.
Types of open-ended questions:
- Tell me your supervisory partnership.
- How do you look forward to the future?
- In this photograph, tell me about the children What's the government's purpose?
- Why have you selected the reply?
Answer:
a. an express warranty.
Explanation:
An express warranty -
It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .
It helps to make sure about the product the buyer have purchased and for any repairs in the future .
Hence , from the question , the example shown is about an express warranty .
If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.
<h3>What are the Functions of central bank?</h3>
The central bank oversees and manages the nation's foreign exchange while also serving as the technical advisor to the government on matters related to foreign currency policy. The central bank's role is to prevent volatility in foreign exchange rates and to promote stability. Implementing monetary policy and managing the money supply are the responsibilities of central banks, which are frequently tasked with preserving low inflation and steady GDP growth. To manage the cost of borrowing and lending across an economy, central banks have an impact on interest rates and take part in open market activities.
An organisation that controls a state's or formal monetary union's commercial banking system and regulates its currency and monetary policy is known as a central bank, reserve bank, or monetary authority. A central bank has the exclusive right to expand the monetary base, unlike a commercial bank.
Hence, If the central bank increases the amount of reserves banks are required to hold to 20%, then: both the money multiplier and supply of money in the economy will decrease.
To learn more about central bank refer to:
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the right answer is TRUE, i got it wrong for putting it as false
I Think The answer would be c hope it helps
