The main advisors of the Chairman of the Federal Reserve Board of Governors are
A. private economists hired as consultants.
B. the Council of Economic Advisors.
C. the U.S. Treasury Department.
D. the directors of the three staff divisions of the Board.
Answer: D
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Profit rate tends to decrease over the life of the retained customer due to increased purchases,
referrals, price premiums, and increased operating costs to service. Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
Because of important national differences, a strong drive for harmonization of accounting standards has not yet been possible.
What are the rights and responsibilities of the account party in a letter of credit transaction?
What will be an ideal response?
Karen receives the right to acquire 400 shares of Fremont Corporation stock through the company's incentive stock option plan. The fair market value of the stock at the date of the grant is $15 and the exercise price of the option is $19 per share. The fair market value of the stock at the date of exercise is $22 . At the date of exercise, the tax consequences to Karen and the Fremont Corporation
are Karen Fremont a. $1,600 $1,600 b. $1,600 $-0- c. $-0- $-0- d. $-0- $1,600