Mildred purchased a new dining room table and china cabinet from Discount Furniture, which offered a one-year special with no interest or financing charges. When Mildred makes her purchase, Discount Furniture checks her credit and seeks approval for her. Upon approval, Mildred receives information informing her that she will make payments to Regional Finance Company.
1. This arrangement is an example of .a. unsecured bank loanb. factoringc. pledging accounts receivabled. commercial papere. selective financing

Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.