The financial panic of 1907 resulted in such widespread bank failures and substantial losses to depositors that the American public finally became convinced that
A) the First Bank of the United States had failed to serve as a lender of last resort.
B) the Second Bank of the United States had failed to serve as a lender of last resort.
C) the Federal Reserve System had failed to serve as a lender of last resort.
D) a central bank was needed to prevent future panics.
D
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Respond to the following: a. Explain the differences between the pooling of interests and purchase methods in terms of related assumptions and application. b. Why may companies not be indifferent to purchase and pooling accounting?
What will be an ideal response?
Which of the following is characteristic of the early majority customer?
A) are conservative and wait for the product to reach full maturity B) value the product's benefits, but are unwilling to suffer the defects often inherent in early models C) relish innovation to the point of overlooking initial defects in new products D) are highly conservative and risk averse often form niche markets
Which of the following is part of the second stage in the process of moving from powerlessness to empowerment?
A) Feedback B) Job enrichment C) Feelings leading to powerlessness D) Reinforcement
Identify a true statement about cellphone communication.?
A) ?Cellphone communication dramatically deteriorates performance among salespersons. B) ?Confidential or sensitive information can be effectively shared through cellphones. C) ?Cellphone communication is cost-effective when communicating with people located in several locations and time zones. D) ?The radio frequencies that transmit the voice signals in cellphone communication can be picked up by other equipment.