The main determinant of the discount rate on a privately issued bank note was:
a. how long the issuing bank had been in operation.
b. who was on the issuing bank's board of directors.
c. the general reputation of the issuing bank.
d. the distance of the issuing bank from the location where the note was being used.
d. the distance of the issuing bank from the location where the note was being used.
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________ wages are wages paid by employers to increase worker motivation and productivity
A) Real B) Nominal C) Minimum D) Efficiency
Which of the following is an example of a horizontal merger?
A) Northeastern Illinois University merging with McDonald's. B) Northeastern Illinois University merging with a training academy for new professors. C) Northeastern Illinois University merging with Roosevelt University. D) Northeastern Illinois University going from a public to a private university.
The type of currency in circulation in the modern U.S. economy is almost entirely
a. commodity money. b. metallic money. c. fiat money. d. silver certificates.
If your income is $40,000 and your income tax liability is $5,000 . your
a. marginal tax rate is 8 percent. b. average tax rate is 8 percent. c. marginal tax rate is 12.5 percent. d. average tax rate is 12.5 percent.