In the context of monetary policy, when the economy is weak, the Fed:

A. withdraws funds from banks.
B. asks banks to cut back on the loans they make.
C. helps reduce inflationary pressures in the economy.
D. buys government securities on the open market.


Answer: D

Business

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Which of the following is the first step in the four-step process of setting the right price of a product?

A. Estimate demand, costs, and profits. B. Establish pricing goals. C. Choose a price strategy to help determine a base price. D. Fine-tune the base price with pricing tactics.

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If one party to a contract deliberately makes a material change in its terms without permission of the other party, the contract is discharged by impossibility

Indicate whether the statement is true or false

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An opportunity to see (OTS) is sometimes referred to as a(n)

A. gross rating point. B. gross impression. C. advertising impression. D. medium weight. E. message attention value.

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