The demand curve for reserves shifts to the left and the federal funds rate falls when the Fed

A) decreases reserve requirements or does an open market purchase.
B) lowers the discount rate.
C) lowers the discount rate or does an open market purchase.
D) decreases reserves requirements.
E) does an open market sale.

D

Business

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A buyer's settlement statement includes:

a. only prorations chargeable to the buyer b. the borrower's loan application c. loan origination fees d. all encumbrances of record

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Light users are often a small percentage of a company's market but account for a high percentage of total consumption

Indicate whether the statement is true or false

Business