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When Bad Storms Slow the Check-Clearing Process,float Tends to ________

question 104

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When bad storms slow the check-clearing process,float tends to ________ causing the Fed to initiate ________ open market ________.


Definitions:

Common Stock

Shares representing ownership in a company, giving holders voting rights and a share in the company's profits via dividends.

Revenue Realized

Income that a company has earned and received payment for, typically from sales of goods or services.

Sale Price

The amount of money for which a product or service is sold to the consumer.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.

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