Feedback loops significantly impact the overall system by influencing the rate of flow into or out of a stock. They create a cycle of action and reaction, where changes in the stock can lead to changes in behavior that further affect the stock. For instance, if the amount of money in a bank account decreases, the account holder might decide to work more to increase the account balance, thus creating a feedback loop.
How do you avoid wasted time, money, and resources from short-sighted decisions? When you think in s...
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