Banks subject to reserve requirements set by the Federal Reserve System include______.
A. only banks with assets less than $100 million
B. all banks whether they are members of the Federal Reserve System or not
C. only state chartered banks
D. only nationally chartered banks
An overhead absorption rate is used to______.
A. allocate overhead costs to cost centers
B. attribute overheads to products
C. spread indirect cost across a number of cost centres
D. control overheads
The major purpose of the Federal Reserve buying government securities in open market operations is to______.
A. increase interest rates
B. raise money for government spending
C. reduce the excess reserves of banks
D. allow banks to increase their lending
【C2】______
A. pound
B. ounce
C. gram
D. kilogram
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