A small firm's __________ usually has the task of getting to know the loan officers of local banks
A) accountant
B) owner
C) production manager
D) tax attorney
A
You might also like to view...
Suppose that the Federal Reserve issued bonds in the amount of $45 million and the reserve requirement was 10%, what would be the resulting change to the monetary base?
A) $45 million B) $450 million C) $4.5 million D) The bond issuance would not impact the monetary base only the money stock.
A moral hazard problem occurs before a loan is made, and the adverse selection problem occurs after a loan is made
Indicate whether the statement is true or false
Which of the following jewelry stores names would most likely convey very high quality products?
a. Main Street Jewelry b. Tiffany’s c. Discount Gems d. Bill’s Baubles
The goldsmith's ability to create money was based on the fact that
A. withdrawals of gold tended to exceed deposits of gold in any given time period. B. consumers and merchants preferred to use gold for transactions, rather than paper money. C. the goldsmith was required to keep 100 percent gold reserves. D. paper money was rarely redeemed for gold.