Robertson lumber has a $250,000 compensating balance loan with its bank. the terms of the loan call for robertson to keep 10% of the loan as a compensating balance and pay interest at an annual rate of 6.50% on the entire amount. if the firm borrows the maximum amount for one year, what is the ear on this loan?

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

B. false hope it ! : )

To keep up with the demands of industrialization