If people refused to use banks to create checkable deposits, the banking system would not be able to create new money.
Checkable deposits include all accounts on which checks can be drawn. These deposits allow the owner of bank account to write checks to third parties. Also, they are very liquid assets that allow depositors to have an easy access to their funds.
For these reason, checkable deposits generally are important but also one of the lowest-cost source of bank funds, covering a large share of bank liabilities. Thus, banks create money by lending excess reserves to consumers and businesses.
Hence, if people refused to use banks to create checkable deposits, the money multiplier decreases.
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Answer: C) suboptimization
Explanation:
The Accounts Payable department's system has been optimized yet the Accounts receivable's system has not been optimized. This means that the company as a whole is suboptimized because only one department was optimized and the other was not.
It can lead to problems such as a credit crunch because the company is paying cash faster than it is receiving it. If both departments were optimized, this wouldn't be the case as the payments and receipts would tally.
Explanation:
In the current global health crisis, scientific management has an extremely relevant role in helping to find solutions and improvements that will reduce the crisis.
Through science and scientific research supported by a set of reliable evidence, it is possible to find new solutions and technologies for diagnosis and treatment of the disease that caused the crisis.
Some of the ways in which scientific management can assist in the global pandemic are:
- Monitor and control the most affected areas
.
- Manage medical facilities and services so that there is sufficient medical staff and equipment to serve the regions most affected by the virus
.
- Establish secure information and communication with the population on awareness and instructions needed to act in times of crisis
.
- Establish, through scientific methodology, ways to monitor the losses resulting from the crisis.
Answer:
adjusted gross income tax is an individuals total gross income minus specific deductions.
taxable income is adjusted gross income minus allowance for personal exemptions and itemized deductions.
