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

question 62

Multiple Choice

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

• A)decrease;sales
• B)decrease;purchases
• C)increase;sales
• D)increase;purchases

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Definitions:

Production Function

A production function describes the relationship between inputs used in production and the output generated from those inputs.

Marginal Product

The additional output gained by adding one more unit of a specific input, keeping all other inputs constant.

Profitability

A measure of the ability of a company or a business sector to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Employment

The state of having paid work, being engaged in an occupation or job.