In the context of monetary policy, the Fed is most likely to reduce the discount rate during:

A. inflations.
B. periods of investment recovery.
C. periods of low money supply.
D. recessions.


Answer: D

Business

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Which of the following is an example of an action that would occur in the first leg of the tripartite reconciliation process?

a. The offending employee voluntarily removes him or herself from contact with the victim. b. The offending employee apologizes to anyone that was hurt by his or her actions. c. The offending employee must develop a personal code of ethics. d. Third parties to the offense must provide individualized feedback to the offender.

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The intended receivers of a promotional message are commonly known as the outlet

Indicate whether the statement is true or false

Business

A ________ Web site allows business partners to collaborate

Fill in the blank(s) with correct word

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Mrs. Matthews has received an invoice from the manufacturer for which she distributes products. The invoice states credit terms of 3/10, net/30. Puzzled by this, she calls on you to explain. You indicate that the notation 3/10 means that

A. she may take a 30 percent discount if she pays the invoice within three days. B. she must pay the entire amount in three days. C. after three days, she must pay the new amount in ten days. D. her line of credit is equivalent to three-tenths of the dollar value of her business. E. she may take a 3 percent discount if she pays the invoice within ten days.

Business