Wakefield heights sold $6,000,000 of general obligation serial bonds at a 1.5% discount to finance the construction of a new recreation center. bond issuance costs were 2% of the face amount of the bonds. the entry to record the sale of the bonds in a capital projects fund would be

Asavings account that pays interest every 3 months is said to have a interest period

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service