If the Financial Innovations Such as ATM Machines Make Money

question 36

Multiple Choice

If the financial innovations such as ATM machines make money demand less elastic than it was before,then

• A)the LM curve will become steeper.
• B)the LM curve will become flatter.
• C)both the IS and LM curves will become flatter.
• D)the LM curve will shift to the left.

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Definitions:

Functional Teams

Groups of individuals who are organized based on their specific roles, expertise, and functions within a company, focusing on achieving specific business objectives.

Virtual

Existing, occurring, or operating primarily online or in a digital format rather than physically.

Team Development

The process of improving the effectiveness and cohesion of a team through various stages and activities.

Adjourning

The final stage in group development where the team completes its task and dissolves, often associated with project teams or task forces.