When the Trading Desk sells a sufficient amount of Treasury securities, it creates a surplus of funds in the banking system. Consequently, the federal funds rate decreases along with other interest rates
a. True
b. False
b
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The time it takes from when a policy is enacted to when it affects the economy is known as the ____ lag.
A. implementation B. recognition C. effectiveness D. decision
Exporting using ocean freight rather than air freight is a much cheaper alternative, particularly when calculated on the basis of total costs.
Answer the following statement true (T) or false (F)
Upon review of Mack's statement of cash flows, the following was noted: Cash flows from operating activities $ 15,000 Cash flows from investing activities 70,000 Cash flows from financing activities (50,000) From this information, the most likely explanation is that Mack is:
A) using cash from operations and selling long-term assets to pay back debt. B) using cash from operations and borrowing to purchase long-term assets. C) using its profits to expand growth. D) using cash from investors to provide for operations.
A(n) ____ is a substituted contract that involves an agreement among three parties to substitute a new promisee in place of an existing promisee, or to replace an existing promisor with a new one
A) accord B) satisfaction C) novation D) mutual rescission