If the Food and Drug Administration Approves a Drug for Use

question 18

Multiple Choice

If the Food and Drug Administration approves a drug for use as an antidepressant, it means that the drug

• A)may only be prescribed for the treatment of major depression
• B)may only be prescribed for any condition for which the symptoms of depression are present
• C)may be prescribed by physicians for conditions other than those in which depression symptoms are present
• D)is not a schedule controlled substance

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Definitions:

Commitment Fee

A banking charge imposed on a borrower to keep a line of credit open or to guarantee a loan's terms.

Bank Line

A bank line or line of credit is an arrangement between a financial institution and a customer that sets the maximum loan balance that the borrower can access.

Interest Payments

Interest payments are the amounts paid by borrowers to lenders as compensation for the use of borrowed money or assets, typically expressed as an annual percentage rate.

Compensating Balances

Compensating balances are minimum account balances that a company agrees to maintain in a bank account as part of a borrowing arrangement to offset bank service charges or qualify for better loan terms.