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Producing and Distributing a Résumé Used to Be Fairly Straightforward;

question 92

Multiple Choice

Producing and distributing a résumé used to be fairly straightforward; you printed it on quality paper and mailed or faxed it to employers. However, the advent of databases that let managers sort through incoming applications to find the most promising candidates, called ________, and social media has dramatically changed the nature of résumé production and distribution.


Definitions:

Money Supply

Refers to the total amount of money—cash, coins, and balances held in checking and savings accounts—available within an economy at a specific time.

Deposits

Are funds placed into an account at a financial institution, creating a balance that can earn interest or be withdrawn for use.

Reserve Ratio

The fraction of depositors' balances that banks have to hold in reserve and not lend out.

Deposit Liabilities

The amounts of money that banks owe to their depositors, stemming from the bank accounts like savings, checking, and time deposits.

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