The Federal Reserve decides to lower the discount rate offered to banks in the United States. This would ________
A) constrict economic activities
B) accelerate interest rates
C) slow down market activity
D) increase the money supply
E) reduce the availability of credit
Answer: D
Explanation: Lowering the interest rate expands the money supply and encourages lending. This would promote economic activity.
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Depreciation on equipment for the year is $6,300. (a) Record the journal entry if the company prepares adjustments once a year. (b) Record the journal entry if the company prepares adjustments on a monthly basis
________ is the SCOR model process that addresses the movement of defective product from the customer
Fill in the blank with the appropriate word.
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the consideration for their contract was inadequate.? Refer to Fact Pattern 12-2. A court is most likely to evaluate the adequacy of consid-era-tion if A) a thing exchanged has no
intangible value to one of the parties. B) something exchanged is not of direct economic or financial value. C) the items exchanged were of unequal value. D) there is a large disparity in the value of the consideration exchanged.
Besides judges, the doctrine of judicial immunity also applies to:
a. the plaintiff b. parties who perform services that are related to the performance of judicial functions c. the defendant d. parties who have vested interests in the case e. none of the other choices are correct