Required by the firm operations is referred

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Reference no: EM131937937

1. The Federal Reserve System's primary objectives are to promote full employment, stability in prices, and growth in the economy. If, in pursuit of these objectives, the Federal Reserve lowers the federal funds rate:

It is seeking to inject liquidity into the banking system

It is seeking to drain liquidity from the banking system

It is seeking to reduce irrational exuberance in the stock market

It is encouraging banking institutions to curb their lending

It is signaling that the unemployment rate will likely increase.

2. The minimum level of ongoing inventory and receivables that is required by the firm's operations is referred to as ____________current assets

1. Transitory

2. Fixed

3. Temporary

4. Permanent

Reference no: EM131937937

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