When it acts as a lender of last resort, the IMF may increase the likelihood that financial institutions take excessive risks and thus increase moral hazard

Which of the following accounts has a balance equal to net income immediately before it is closed?

A) Income Summary B) Dividends C) Net Income D) Retained Earnings

Anxious to retain control of a valuable agricultural export, officials at Peru's National Commission Against Biopiracy have ramped up efforts to prevent maca seeds from being smuggled out of the country for cultivation elsewhere

Indicate whether the statement is true or false