How Can Operating Expenses of an FI Be Reduced by Improved

question 30

Multiple Choice

How can operating expenses of an FI be reduced by improved technological efficiency?

• A)By improving the efficiency of management of information flows.
• B)By obtaining access to low cost sources of funds.
• C)By linking services to the quality of the FI's technology.
• D)By innovating new interest earning products.

Grasp the concept of the natural rate of unemployment and its relationship with potential real GDP.

Appreciate how government spending and taxation can influence economic output and employment levels.

Comprehend the impact of fiscal policy on economic equilibrium and full employment according to different economic theories.

Understand the operational dynamics and limitations of discretionary fiscal policy.

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Definitions:

Negligence

A lack of the care expected from a person of average caution facing similar circumstances.

Self Defence

The right to prevent harm to oneself by using reasonable force, as permitted under the law.

Battery

Unwelcome physical contact; deliberate, non-consensual physical interference to someone’s body.

Assault

A deliberate verbal or physical threat; an action that makes a person fear physical interference.