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The following is information about a banking system:
New currency deposited in the system = $40 billion;desired reserve ratio = 20%;
excess reserves prior to the currency deposit = $0.
-Refer to the above information.The $40 billion deposit of currency into chequing accounts will initially create:
Productivity
The measurement of efficiency of production, especially in terms of output per unit of input.
Cost Savings
The reduction in expenses achieved through efficiency improvements, negotiation, or eliminating wasteful practices.
Productivity Measurement
The process of determining the efficiency of production of goods or services, typically by comparing input resources to output.
Evaluation System
A structured approach to assess the performance and effectiveness of employees, projects, or processes.
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