What does yellen mean by saying that open double quotereserves were no longer relatively scarceclose double quote? a. reserves are so large that banks have little need to borrow reserves from other banks. b. reserves are so large that banks can easily borrow reserves from other banks. c. reserves are so large that banks have little need to increase the level of their depository accounts. d. reserves are so large that banks can easily increase their lending activities. why, with the monetary policy tools it had used prior to the financial crisis, could the fed not control the federal funds rate? a. the fed would have needed to conduct a massive open market purchase of government securities. b. investor and consumer behavior was not conforming to normal patterns. c. using the tools the fed had available would have disrupted the financial system. d. reserves would have needed to be increased by too large an amount. how was the fed able to use its new monetary policy tools to increase the federal funds rate in december 2015? a. the fed raised the rate it pays on excess reserves. b. the fed raised the rate it pays on reverse purchase agreements. c. the fed established a new federal funds rate. d. the fed raised the rate it pays on excess reserves and reverse purchase agreements.

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.