Use the Following to Answer Questions

question 155

Multiple Choice

Use the following to answer questions.
Exhibit: Money in the Economy

-(Exhibit: Money in the Economy) In Year 2, if savings deposits had been $250 billion instead of $200 billion, M2 would have been

• A) $575 billion.
• B) larger by $50 billion.
• C) smaller by $50 billion.
• D) unaffected.

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Definitions:

Serial Entrepreneurs

describes individuals who repeatedly start new businesses and take on the risk of being an entrepreneur, moving from one venture to the next.

Entrepreneurship

The process of establishing a company or companies, bearing financial uncertainties with the aspiration for gains.

Entrepreneurship

The process of designing, launching, and running a new business, often characterized by innovation, risk-taking, and the pursuit of profit.

Strategic Thinking

The process of analyzing critical factors and variables that will influence the long-term success of one's decisions or actions.