1) Open market operations are the:

A) buying and selling of Federal Reserve Notes in the open market.

B) means by which the Fed acts as the government's banker.

C) buying and selling of government securities by the Treasury.

D) means by which the Fed supplies the economy with currency.

E) buying and selling of government securities by the Fed.

2) When the Fed increases the required-reserve ratio, a bank':

A) required reserves are unaffected.

B) required reserves are increased.

C) required reserves are decreased.

D) excess reserves are decreased.

E) B and D

3) When the Fed sells government securities to a bank:

A) the bank's assets and liabilities decrease by the amount of the sale.

B) the bank's assets and liabilities increase by the amount of the sale.

C) the magnitude of the bank's assets is unaffected by the sale, and only the composition is affected.

D) the bank's liabilities are unaffected by the sale.

E) C and D

Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Russell's study compared gpa of those students who volunteered for academic study skills training and those who did not elect to take the training. he found that those who had the training also had higher gpa. with which validity threat should russell be most concerned?