According to the Truth-in-Savings Act, the interest rate that banks are required to report when you deposit money in an account is known as
A. capital-gains yield.
B. annual percentage yield.
C. current yield.
D. total return.
Answer: B
You might also like to view...
Countries put limitations on the convertibility of their currency when they are concerned that
A. there is too much domestic spending. B. their foreign reserves could be depleted. C. foreigners will hold control of their monetary policy. D. there is not enough domestic spending.
In governance of the EU, the _____________ represents the people of Europe.
Fill in the blank(s) with the appropriate word(s).
The ________ created the commission that prescribes safety standards for products.
A. Patent and Trademark Office B. Sarbanes-Oxley Act C. Consumer Product Safety Act D. U.S. Labor Department
Which of the following accounts would appear in the balance sheet credit column?
A) Prepaid Insurance B) Buildings C) Unearned Revenue D) Service Revenue