问答题

Question 14 Costiuk Inc. is a manufacturing firm that has committed to purchasing 10,000 kilograms of fertilizer over the next three years. Which part of the financial statements will most likely contain information regarding this transaction?
A.Balance sheet.
B.Management’s discussion and analysis.
C.Cash flow statement.
D.Footnotes.

A.Balance
B.
B.Management’s
C.
C.Cash
D.
D.Footnotes.

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Question 16 Which of the following actions by the Federal Reserve is the most frequently used and which action would least likely be used for expansionary monetary policy? Most frequently used Least likely expansionary
A.Open market operations Increasing the reserve requirement
B.Open market operations Decreasing the discount rate
C.Discount rate Increasing the reserve requirement
D.Discount rate Decreasing the discount rate

A.Open
B.Open
C.Discount
D.Discount

Question 17 If a minimum wage is set above the equilibrium wage in the labor market, what is the most likely effect on labor supply?

A.Firms
B.
B.There
C.
C.The
D.
D.There
E.