Secondary Credit Provided by the Fed Is Designed For

question 67

Multiple Choice

Secondary credit provided by the Fed is designed for:

• A)Banks who qualify for a lower interest than what is available under primary credit
• B)Banks that are in trouble and cannot obtain a loan from anyone else
• C)Banks that want to borrow without putting up collateral
• D)Foreign banks

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Definitions:

Noncompete Clause

A contract provision that restricts an employee from working with competing firms or starting a similar business for a specified period after leaving the company.

Realistic Job Previews

An HR practice involving giving prospective employees a true picture of what their job would entail, including both positive and negative aspects, to ensure proper fit.

Employee Assistance Programs

Workplace-supported programs to help employees deal with personal problems that might adversely impact their work performance, health, and well-being.

Involuntary Turnover

Is terminating employees whose services are no longer desired.