Glen albanese was arrested after federal authorities conducted an investigation that indicated the funds that he had raised for relief efforts for hurricane katrina victims had been used to purchase landscaping for his home, acquire a labradoodle pedigree dog. and buy tickets to disneyworld and six flags mr. albanese had raised funds for his charily by advertising that the funds raised would be used to rebuild homes and provide scholarships for the children of victims instead, he met individuals who sold him the dog and furnished the landscaping in odd locations and paid them in cash in envelopes which of the following crimes would be applicable for the federal authorities to charge? a. criminal fraud b. embezzlement c. a violation of sox d. a and b only e. all of these

Suppose a new "payment technology" allows individuals to make payments using u.s. treasury bonds (i.e., u.s. treasury bonds are immediately cashed when needed to make a payment and that balance is transferred to the payee). how do you think this payment technology would affect the transactions component of the demand for money? a. this would lead to a decreased need to hold cash for transactions; however, the transactions demand for money would remain unchanged. b. this would lead to a decreased need to hold cash for transactions, thus the transactions demand for money would decrease. c. this would lead to an increased need to hold cash for transactions, thus the transactions demand for money would increase. d. this technology would not change the transactions component of the demand for money.