It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market
<h3>Who are financial intermediaries?</h3>
This refers to those entities that acts as the middleman between two parties in a financial transaction such as a commercial bank, investment bank, mutual fund, or pension fund. They offer a number of benefits to the average consumer such as safety, liquidity, and economies of scale involved in banking and asset management.
However, It is a false statement that the existence of financial middlemen and financial intermediaries increases the efficiency of the financial market because only the buyers and seller influence an efficiency of the financial market.
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Answer:
The correct answer is option A.
Explanation:
When the government buys from the public it will pay them back. So the purchase of $100 million of bonds by the government means $100 million was paid to the public.
Also, if the reserve requirement is lowered, it means the commercial banks can increase lending.
Both these actions combined will lead to an increase in the money supply.
Answer:
C
Explanation:
It will need to decrease Because the wheat is gone, so it decreases the amount of cereal made.
It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
<h3>
</h3><h3>
What is marketing?</h3>
Marketing involves promoting a particular products. It involves setting an objective which when attainable will make the workers happy and willing to do more even when tedious.
Therefore, It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
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Answer:
May 1
Dr Cash 800,000
Cr Bonds payable 870,000
Nov 1
Dr Interest expense 24,000
Cr Cash 24,000
Dec 31
Dr Interest expense 8,000
Cr Interest payable 8,000
Explanation:
Thomson Co Journal entries
May 1
Dr Cash 800,000
Cr Bonds payable 870,000
Nov 1
Dr Interest expense 24,000
Cr Cash 24,000
(800,000*6%*6/12)
Dec 31
Dr Interest expense 8,000
Cr Interest payable 8,000
(800,000*6%*2/12)
