Currency held by the nonbank public plus banks' vault cash plus banks' deposits at the Fed equals

A. the Fed's capital stock.
B. discount loans.
C. the monetary base.
D. required clearing balances.


Answer: C

Business

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________ laws were passed to provide some relief to customers having complaints against auto dealers.

A. Lemon B. Credit C. Equal opportunity D. Fair credit

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If participants are not well informed of an intervention’s purpose or if they are not given genuine choice to participate, this could be an example of which ethical issue?

a. misrepresentation of the intervention b. misrepresentation of the consultant’s skill level c. collusion with the client d. coercion and manipulation of the client or organizational members

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On March 1, Sue transfers stock worth $20,000 to Frank. How long must Sue live to avoid inclusion of the $20,000 of stock in her gross estate?

A. one year B. three years C. six months D. No minimum time period exists, but she must be alive at transfer of ownership.

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Alpha LLC is a large paint manufacturing company. Despite government regulations, the company has been illegally disposing of its chemical wastes in a lake, which is an important habitat for several fish and birds. Which of the following ethical concerns is illustrated in this scenario?

A. On-the-job consumption  B. Opportunistic exploitation C. Environmental degradation D. Self-dealing E. Substandard working conditions

Business