Which of the Following Statements Concerning Seasonal Credit Is True

question 58

Multiple Choice

Which of the following statements concerning seasonal credit is true?

• A)It tends to have a lower interest rate than federal funds.
• B)It has become increasingly more important in recent years.
• C)Only firms receiving secondary credit are eligible to receive seasonal credit.
• D)Improvements in credit markets have reduced the need for a seasonal credit facility.

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Definitions:

Serotonin

A neurotransmitter involved in many functions including mood regulation, appetite, and sleep.

Illicit Drug

A substance whose production, sale, or use is prohibited by law.

Marijuana

Marijuana, also known as cannabis, is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Amphetamines

A class of stimulant drugs that affect the central nervous system, commonly used to treat ADHD and narcolepsy, but also prone to abuse.