An open market purchase occurs when the Federal Reserve buys ______ on the open market (from dealers or banks)

____ expenditures are expenses incurred as a result of the normal business operations. The salaries/wages of employees, the purchase of raw materials for the fabrication of products, the costs of shipping products from point A to point B, or the costs of advertising campaigns, are examples of such expenses.

A. Asset-based B. Working C. Operating D. Functioning E. Past

Which of the following is NOT one of the three distinct stages of gift-giving rituals?

A) Convention B) Gestation C) Presentation D) Reformulation