Maintaining a compensating balance will:
A) increase the effective annual rate
B) not change the effective annual rate
C) decrease the effective annual rate
D) only change the effective rate if payments occur more frequently than annually
Ans: A) increase the effective annual rate
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The personality dimension of emotional stability is defined as
A) the degree to which a person has appropriate emotional control. B) the degree to which a person thinks flexibly and is receptive to new ideas. C) the extent to which a person is outgoing and enjoys social situations. D) the degree to which a person is responsible and achievement oriented. E) the extent to which a person is friendly and approachable.
________ is the first element in the traditional communications model
A) Source B) Media C) Receiver D) Noise