#Reflection13
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Reflection13
Private saving impacts investment because saving in a private, personal bank account will help other people be able to ask for a loan for a business or a mortgage. The bank uses your money saved which they will later add interest to your saving account for letting the bank “borrow” from your saving.
It is important for a person to save in an economy simply because there is the economy is going up and down. If someone has invested in the economy and the economy spikes up then that is more income for a person as well as helping a business grow in worth.
Government deficits affect interest rate because it causes the interest to go up or to come down when buying a product. You can either end up paying more than you expected or less depending on how the government deficit goes.
Crowding out is the effect the government has on a market economy with either their supply side or the demand side. This is a problem because there may be times where the demand could be high but the supply demand is low because of the government intervening. Here is a lesson summary from Khan Academy: https://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/ap-long-run-consequences-of-stabilization-policies/crowding-out/a/crowding-out
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Which method of gathering feedback is more advantageous- formal or informal? Explain.
For me the more advantageous method of gathering feedback is informal because in informal the visitors are free to give a feedback without following any rules or format. It is simple because you can personally ask the visitors what suggestions that you can improve in your website. This may involve you giving more feedback, encouraging the visitors to seek feedback as routine from others, and involving more people in giving informal feedback. Feedback can also have a thread if other visitor wanted to reply to another feedback. With the informal feedback, you can gather feedback as much as you can.
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What will happen if a Web site development team does not have enough members? Explain.
If the members of a web site development team does not have enough members, they will not be able to meet their goal. Because they need enough people to work for them to finish on time.
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What will happen if a Web site development team does not have enough members? Explain.
Developing a large web site is not an easy task. It has to be composed of enough members to achieve the web site that you wanted.
If a web site development does not have enough members, it would be hard for them to do their tasks. These members have assigned position or are focused on their skills only. What if none of your members can do multi-tasking? It's not only hard but it's also time consuming. It might affect the web site that you are doing. You may be disappointed in the end because you didn't meet your expectations. It has disadvantage too. The members might not understand each other because of their differences in saying an opinion, idea, or skill.
Despite of the disadvantage, it is still a MUST to have a complete members in your team. You should have the budget already to avoid thinking how much you will pay. Also, avoid thinking of the problems you may encounter. Because if you unite together, you'll come up with better work.
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