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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 new currency deposit = $0.
-Refer to the above information.The banking system will be able to expand the money supply through loans by:
Two-way Communication
The process of exchanging information where both parties are able to send and receive messages, promoting interaction and feedback.
Employee Empowerment
is the practice of giving employees the authority, resources, and responsibility to make decisions and contribute to the company’s success.
Boss-centered
A leadership or organizational style where decision-making and authority are centralized around a single leader or a small group of leaders.
Decision-making Process
The Decision-making Process is a step-by-step approach that helps individuals and organizations make choices by identifying options, evaluating them, and selecting one.
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