In September 2011,the Fed Announced a New Policy in Which

question 133

Multiple Choice

In September 2011,the Fed announced a new policy in which it would invest in additional mortgage-backed securities in an attempt to further reduce mortgage rates and boost the housing market.Lower mortgage rates should lead to an increase in refinancing,which should ________ disposable income and therefore ________ aggregate demand.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

Understand the concept and legal implications of battery and assault in tort law.

Recognize the principles underlying false imprisonment and its defense mechanisms.

Identify the elements of negligence and its significance in tort cases.

Define defamation, its types, and the defenses applicable to defamation cases.

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Definitions:

Creditors

Creditors are individuals or entities to whom a company owes money for goods or services that have been provided.

Asset Account

An account on a company's balance sheet that represents a resource with economic value that an entity owns or controls.

Journal

An official financial record in which transactions are recorded in chronological order before they are transferred to accounts in the general ledger.