?Open market operations is a more flexible tool of monetary policy than the discount rate.
Answer the following statement true (T) or false (F)
True
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The ____ is a compilation of open purchase orders and includes the status of each item on order
a. accounts payable master data b. vendor master data c. vouchers payable master data d. purchase order master data
Shocks are transmitted internationally by all of the following mechanisms EXCEPT by
A. trade effects. B. interest-rate effects. C. exchange-rate effects. D. expected-inflation effects.
Debra buys land from Oscar, relying upon a mortgage release executed and recorded by the mortgagee, Keith. Keith, however, had previously assigned the mortgage to Andrew who failed to have the assignment recorded. In this case, Andrew has:
A) no claim against the property in the absence of Debra's actual knowledge of the assignment by Keith. B) no claim against the property because a mortgagee has no right to assign the mortgage to another person. C) a claim against the property because the assignment to him took place before Debra's purchase of the land. D) a claim against the property because recording is not necessary to the effectiveness of a mortgage assignment.
The maker makes an indorsement by signing on the back of the instrument
Indicate whether the statement is true or false