The government as a lender of last resort
A. will make loans to anyone, regardless of their level of wealth or income.
B. does not discriminate in loan markets.
C. guarantees to supply funds to solvent but illiquid banks.
D. gives money to banks with negative equity capital.
Answer: C
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Which of the following areas of business is highly public and readily visible outside the confines of the internal business operation?
A. operations management B. human resource management C. marketing D. finance E. manufacturing
A simple scoring model is used to decide among three projects that we'll call A, B, and C. The total score for project A is 30, for project B is 20, and for project C is 10. Which of the following statements is BEST?
A) If project A is successfully completed, it will yield three times the benefits that project C would have provided. B) If project C is chosen, the company would benefit only half as much as if they had chosen project B. C) Project C is better than project B for this company at this point in time. D) Project A is better than project B for this company at this point in time.
The price of a product must be relative to the benefits of that product.
Answer the following statement true (T) or false (F)
Which of the following statements explain the characteristics of an independent agent?
A) Principal is involved in working out details of the agent's work organization. B) The agent is always subject to a change in instructions. C) The agent works for many clients. D) The agent is paid on an hourly or salaried basis. E)All of the above.