Information Processing and Communication Changes Include All of the Following

question 2

Multiple Choice

Information processing and communication changes include all of the following except

• A)a new generation of computers.
• B)people may not need offices.
• C)work stations will be more electronic than paper and pencil.
• D)organizations will have systematic plans for changes.
• E)satellite systems for data transmission.

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Definitions:

Discount Rate

The interest rate charged by central banks on loans to commercial banks, influencing monetary policy and liquidity.

Money Supply

The cumulative sum of money, including cash, coins, and the funds deposited in checking and savings accounts, accessible in an economy at a definite point in time.

Reserve Requirement

The mandate by central banks determining the minimum amount of reserves that must be held by a commercial bank, directly affecting the bank's capacity to lend.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, laws, or internal controls.