What is a fringe benefit?
a. a cash payment for casual work
b. a business other than sales or marketing
c. a payment other than wages or salaries
d. an accounting term meaning profits
Ans: c. a payment other than wages or salaries
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Which of the following is true? a. The money supply will tend to fall when the Fed pays a higher interest rate on bank reserves
b. If banks never wanted to hold excess reserves, decreasing the interest rate the Fed pays on reserves would not increase the money supply. c. If banks hold excess reserves, the actual money multiplier would be less than potential money expansion. d. All of the above are true
When Apple put together a set of digital apps that ran within its own operating system, it was practicing
A. bundling. B. compacting. C. versioning. D. tie-in sales.