The Most Important Reason for Directly Issuing or Using Commercial

question 121

Multiple Choice

The most important reason for directly issuing or using commercial paper dealers is:

• A) the cost of borrowing is generally less than regular bank rates
• B) it's a profitable alternative to the purchase of Treasury bills
• C) the avoidance of compensating balances
• D) the convenience and profitability

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Definitions:

Ed

An abbreviation often used for education, referring to the process of teaching, training, or learning to improve knowledge and develop skills.

Morphemes

The smallest units of meaning in a language, which can be words themselves or parts of words like prefixes.

Phonemes

The minimal sound elements in a language that differentiate words from each another.

Structural Principles

Fundamental concepts or rules that govern the organization, design, or formation of a system, structure, or theory.