If the Fed uses the federal funds rate as an interest rate target, fluctuations in the reserves demand curve will cause ________ to fluctuate
A) nonborrowed reserves
B) the federal funds interest rate
C) Treasury bill interest rates
D) the inflation rate
A
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Stella Gregson received a windfall from one of her investments. She would like to invest $100,000 of the money in Shoreline Industries, which is offering common stock, preferred stock, and bonds on the open market. The common stock has paid $8 per share
in dividends for the past three years, and the company expects to be able to perform as well in the current year. The current market price of the common stock is $100 per share. The preferred stock has an 8% dividend rate, cumulative and nonparticipating. The bonds are selling at par with an 8% stated rate. Required: 1 . What are the advantages and disadvantages of each type of investment? 2 . Recommend one type of investment over the others to Stella and justify your reason.
After all closing entries have been posted, which of the following accounts is most likely to have a nonzero balance?
A) Interest Expense B) Unearned Revenue C) Service Revenue D) Income Summary
Which sentence is expressed correctly?
A) Mr. Sampson said, "One of the computers are [sic] being delivered this week." B) Mr. Sampson said, "One of the computers are (sic) being delivered this week." C) Mr. Sampson said, "One of the computers are sic being delivered this week."
Consider the Demand for Microwave Ovens data set. What is the total demand corresponding to random numbers 29, 68, 35, 56, 46, and 72?
A. 13
B. 14
C. 15
D. 16