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?
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The economic theories that were most clearly applied by the Federal Reserve in response to the economic crisis were based on the theories of Keynes and Friedman.
<h3>
What were the theories of Keynes and Friedman?</h3>
They both believed that aggregate demand can be influenced by government policies and help an ailing economy to recover.
Hence, we can see that from the complete information, the Federal Reserve made use of their theories to intervene and they did this by the use of monetary policy to increase the money supply.
Read more about Keynes and Friedman here:
brainly.com/question/3763180
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Answer:
$246,287.86
Explanation:
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate = 7/4 = 1.75%
N = number of years = 4 x 3 = 12
$200,000( 1.0175)^12 = $246,287.86
