Scarce resources encourage me to spend time thinking about how I use the limited amount of money and materials that have so that I may use them in a matter that best guarantees that I will get the most satisfaction out of it. Since resources also include time, they also define how much I time I spend doing which activities, and steer me to put in a certain degree of work.
Since there is a limited supply of resources, the great wheel that facilitates the cycle that these such resources use, known as money, must also be limited. How I manage my finances (money and resources). Knowing this, I am encouraged to invest such resources into more efficient outlets to attain the most powerful results out of my few resources.
Answer:
what is the money multiplier?
what is the total change in the M1 Money Supply?
- Just because a client deposits money into a bank it does not increase M1, it just changes its composition. The immediate effect of the deposit in the total money supply is nothing. If the bank loans the money to other clients ($581 in total loans are possible), and other clients deposit the funds in the same bank or other banks, then the money supply could increase up to $3,416.
what is the minimum amount by which the money supply will increase?
- If the bank loans the disposable funds, the money supply should increase by $581 at least.
Explanation:
The bank's required reserve ratio = reserves / deposits = $493 / $2,900 = 0.17 or 17%.
the money multiplier = 1 / required reserve ratio = 1 / 0.17 = 5.88
if a client deposits $700, the minimum amount by which the money supply will increase = $700 x (1 - required reserve) = $700 x (1 - 0.17) = $700 x 0.83 = $581
the maximum amount by which the money supply could increase = ($700 x 5.88) - $700 = $4,116 - $700 = $3,416
Answer:
The Correct options are A and B
Explanation:
CRM system is the kind of system, which is defined as the system which stores or accumulates the customer account data in common or a single database and then make the data available through the company or business via intranet, internet and other links of network.
So, the components which it involve regarding the system are that this system is the data warehouses and the databases and it is a tool which is sophisticated analytical one.
Answer:
The correct answer is letter "C": unclear or conflicting stakeholder expectations.
Explanation:
For a project to be <em>successful</em>, it is necessary to certainly know <em>what the company owners want and what their expectations are</em>. Otherwise, the employees in charge of developing the project will not know in which direction to take the company, increasing the possibilities for the project to fail.
