Select the best answer for the question.
4. Which one of the following statements about the money supply is correct?
Ins
O A. The money supply is backed by government bonds.
OB. The money supply is backed dollar for dollar with gold and silver.
QC. The money supply is backed by the government's ability to control the supply of money and
therefore to keep its value relatively stable.
tallati
te
O D. The money supply is backed dollar for dollar with gold.
I dollar with gold
DO
.
- raviow Awill he highlighted on the review page)

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Money from an allowance or job is known as .