The major provisions of the Competitive Equality in Banking Act of 1987 included

A) expanding the responsibilities of the FDIC, which is now the sole administrator of the federal deposit insurance system.
B) establishing the Resolution Trust Corporation to manage and resolve insolvent thrifts placed in conservatorship or receivership.
C) directing the Federal Home Loan Bank Board to continue to pursue regulatory forbearance.
D) all of the above.
E) only A and B of the above.


C

Business

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Don received in the mail merchandise he never ordered. The package was addressed to him, and when he opened it he saw a brochure stating he could keep the products for only $19.95. If he chose not to keep the products he was instructed to mail them back within five days. Which of the following is correct?

A) Don can keep and use the merchandise without having to pay for it. B) Don can keep the merchandise only if he pays the $19.95 charge. C) Don must send the merchandise back within five days if he does not want it. D) Don must return the merchandise within 30 days if he does not want it.

Business

If the interest rate is 7 percent on euro deposits and 5 percent on dollar deposits, and if the dollar is expected to appreciate at a 4 percent rate,

A) euro deposits have a higher expected return than dollar deposits. B) the expected return on euro deposits in terms of dollars is 11 percent. C) the expected return on dollar deposits in terms of euros is 1 percent. D) the expected return on euro deposits in terms of dollars is 3 percent. E) the expected return on dollar deposits equals the expected return on euro deposits.

Business

Discuss Amazon's future prospects. Do you think Amazon will ever be consistently profitable?

What will be an ideal response?

Business

Define data and information and provide an example that differentiates between the two. Explain why information is so important to managers.

What will be an ideal response?

Business