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The drawbacks of which forecasting technique include the fact that judgments may not efficiently use objective data?
Percent
A mathematical term describing one hundredth of a particular quantity; a unit of proportion or rate expressed as a fraction of 100.
Reserves
Funds or assets that banks must hold either in their own vaults or on deposit with a central bank, to meet expected withdrawal demands or regulatory requirements.
Reserve Requirement
A regulation that sets the minimum fraction of customer deposits and notes that each bank must hold as reserves, rather than loaning out or investing.
Loans
Borrowed sums of money that must be repaid with interest over a predetermined period.
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