Examlex
Which of the following did the Fed do during the recession of 2008-2009?
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, generally large corporations.
Unsecured Promissory Note
A type of debt instrument that doesn’t require collateral but is backed only by the borrower's promise to pay the lender back.
Cash Conversion Cycle
The time it takes for a company to convert its investments in inventory into cash flows from sales.
Inventory System
An inventory system is a mechanism for tracking the sale, purchase, and storage of goods, facilitating efficient management and control of inventory.
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