A Reduction in Which of the Following Variables Will Cause

question 33

Multiple Choice

A reduction in which of the following variables will cause an increase in the amount of money individuals wish to hold in the current period?

• A)current income
• B)the current nominal interest rate
• C)the current real interest rate
• D)expected future income
• E) all of the above

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Definitions:

MRP

Stands for Material Requirements Planning, a system for calculating materials and components needed to manufacture a product.

SCM

Stands for Supply Chain Management, which involves managing the flow of goods and services, including all processes that transform raw materials into final products.

TPS

Transaction Processing Systems are computerized systems that perform and record daily routine transactions necessary to conduct the business; they serve at the operational level of an organization.

TPS

Transaction Processing Systems are computerized systems that perform and record daily routine transactions necessary to the operation of a business, such as sales order entry, hotel reservations, payroll, employee record keeping, and shipping.