The Introduction of Automatic Teller Machines, Which Reduces the Demand

question 72

Multiple Choice

The introduction of automatic teller machines, which reduces the demand for money, will, according to the Mundell-Fleming model with floating exchange rates, lead to:

• A) no change in income and net exports.
• B) no change in income but a rise in net exports.
• C) a rise in income but no change in net exports.
• D) a rise in both income and net exports.

---

Definitions:

Actual Average Time

The real measured time taken on average to perform a task or process, used in evaluating and planning efficiencies.

Portable Electric Saw

A mobile, power-driven tool used for cutting wood and other materials, essential in construction and woodworking.

Constant Allowances

Refers to predesignated time additions allocated to specific tasks in work measurement to account for unavoidable delays or interruptions.

Performance Rating

An evaluation of an employee's or machine's work output against a set standard or within a specific period.