Answer:
The answer is True.
Explanation: The Halo Effect is the phenomenon whereby one's positive attributes leads to a cognitive bias in which our overall impression of the person is influenced. And this is reflected in how we feel and think about their character.
For instance, if a person nice, this may impact your evaluations of that person's intelligence and you may think the person is also smart.
In the scenario presented above, Lynn is experiencing the Halo Effect because she thinks because Jacques is outgoing and physically attractive, then he would also be good at his job and even outperform Bailey.
Answer:
a.$900
Explanation:
The required reserve is the amount of reserve required by the Central bank for banks to keep as reserves.
If the reserve ratio is 10% and $1000 is deposited, the required reserve is $100.
$1000 - $100 = $900 would be available to banks to give out as loans. Thus , money supply increases by $900.
I hope my answer helps you.
Answer: the fair value of the asset should be greater than or equal to 90%
The fair value of a leasee's asset is an important criterion in the decision making of whether to approve a finance lease. Leasee's term of payment should also be greater than 75% of the economic life of the property being leased.
Answer:
The correct answer is A
Explanation:
Adam Smith is one of the first theorist who refer to the system of capitalism. Under this system, he asserts that when the person or an individual conduct or make a trade, they value what they bought more than they value what are exchanging for the commodity.
So, under this system, he believed that the fair as well as correct prices of the commodity or the goods will be determined through the competition among the businesses.
Answer(1)
<em>b. interest rate at which banks can borrow reserves from the Federal Reserve</em>
Explanation:
The discount rate is known in America as the rate of interest which a central bank charges on its loans and advances to a commercial bank. This loans and advances are from the federal reserve.
Answer (2)
<em>a. more reserves, causing an increase in lending and the money supply</em>
Explanation:
Excess lending from the national reserve due to a lowered discount rate will lead to a reserve supply excess into commercial banks throughout the economy and expands the money supply .
