Goodwill is:

a. something easily quantified b. not important to companies c. a major tangible asset
d. a minor intangible asset
e. none of the other choices are correct

e

Business

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A currency board exists when a country's central bank commits to back its money supply entirely with foreign reserves at all times

Indicate whether the statement is true or false.

Business

When the interest rate on a bond is below the equilibrium interest rate, there is excess ________ in the bond market and the interest rate will ________

A) demand; rise B) demand; fall C) supply; fall D) supply; rise

Business