Which of the following is TRUE about checking accounts?
o They must pay an interest rate of at least 196 annually
O Banks cannot change the fee policies on your account while it is open
O Banks can only change the fee policies on your account once per year, between Jan 1 and Jan 31st
o Banks can change the fee policies as long as they put the changes in writing and notify you

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.

The advantage of administering personality tests on employees is that it will allow the employer to know the mindset and personality of the employee. this will allow the employer to at least have an idea as to how the employee works and how his attitude in the workplace. the disadvantage is that it may make the employee a little anxious as to whether he would meet the personality requirements of the employer and whether he would be able to retain the job or not.