Partnership
Sole proprietorship
Question 5(Multiple Choice Worth 4 points)
(03.05 MC)
The housing market has collapsed. Banks are becoming very restrictive in their lending practices. Which action would the Federal Reserve take to encourage banks to in
Increase federal funds rate.
Lower reserve requirements.
Sell government securities.
Raise the discount rate.
Question 6(Multiple Choice Worth 4 points)
(03.09 LC)
Which of the following do consumers usually want to see rise with inflation?